One, two, many: Deciders often shift costs onto large groups without hesitation
Wednesday, September 7, 2016 - 12:01
in Mathematics & Economics
Most people do not act solely in their own interests when distributing funds, but instead take into consideration both the positive and negative consequences for everyone involved. Numerous examples indicate, however, that many people find it hard to weigh up costs and benefits efficiently when the costs are spread over several individuals.