control for the Perception Effects. However, if we consider these effects, we find support for the theory. The isolated … distinguish between Real Tax Effects and Perception Effects when a proportional income tax, with and without a full loss offset … Perception Effects can explain the unexpected behavior observed in previous studies and has both scientific and political …

With a novel experimental design we investigate whether risk perception, return expectations, and investment propensity … strongly affects people's risk perception, as a narrower scale of the vertical axis leads to significantly higher perceived …

, we introduce the theory of mixed control, a model of compound-risk perception. This theory considers outcome expectancies … entrepreneurship is a complex and dynamic activity, involving multiple sources of risk. Beliefs about the efficacy of these elements … control beliefs is therefore at the core of our theory. Further, we discuss that risks are not only subjectively perceived but …

This paper presents a new descriptive theory for decision making under risk, called adapting theory, which deals with … function of payoffs, our theory provides a novel and unified account of many empirical phenomena. Our theory also yields new … predictions, including some that distinguish it from prospect theory and the salience theory. At the same time, our theory can be …