variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment … anticipated and experienced emotions in the choice problem. Main findings are a violation of the isolation effect, and support for …

We investigate a novel dynamic choice problem in an experiment where emotions are measured through self-reports. The … choice problem concerns the investment of an amount of money in a safe option and a risky option when there is a 'global risk … of emotions, using the emotion data from the experiment and recent psychological findings. We also find that people …

We analyze the investment decision of a population of time inconsistent entrepreneurs who overweight current payoffs … (or an excessive level of investment in the economy) without assuming the existence of boundedly rational, 'intrinsically …

, modulated by the probability of investment success. Emotions are found to play a significant role in this respect and explain …This experimental study is concerned with the impact of the timing of the resolution of risk on investment behavior … risk resolution (2days) on investment choices. Besides the resolution timing all other factors, including the timing of …

investment task. Moreover, emotions were explicitly measured, including anticipatory emotions experienced during the waiting … take risks, with a special focus on the role of affect. While the importance of anticipatory emotions has so far been only … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …