choice problem concerns the investment of an amount of money in a safe option and a risky option when there is a 'global risk …We investigate a novel dynamic choice problem in an experiment where emotions are measured through self-reports. The … risk can reduce the amount invested in the risky option. This result cannot be explained by classical Expected Utility or …

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to …

economically important ways. To test this, we designed a controlled experiment using first year college students who made choices …Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in …

. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a …This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … representative sample of 450 subjects, and find that the general risk question is a good predictor of actual risk-taking behavior. We …

The feedback frequency and the length of commitment are two important features of investment alternatives in …

problem, agents overestimate the return on their investment and exhibit a preference for skewness. In general equilibrium …

consistent with the theoretical results: in the experiment, investment levels with and without legal protection are comparable …Understanding the impact of legal protection on investment is of major importance. This paper provides a framework for … addressing this issue, and shows that investment may actually be higher in the absence of legal protection. Focusing on the …

evidence in favour of consumption driven investment behaviour based on real portfolio choices and self-reported preferences …

We conduct a controlled laboratory experiment where subjects dynamically choose their portfolio allocation between a … utility function. We then fit the experimental choices to this model to assess the risk attitude of our subjects. Despite the … substantial heterogeneity across subjects, decreasing absolute risk aversion and increasing relative risk aversion are the most …

Theoretical models of investment under uncertainty predict that the sign and the strength of the investment … investment and the market power of the firm. This paper investigates the effects of uncertainty on the investment decisions of a …. Consistent with the predictions of the theory, there is considerable heterogeneity in the effect of uncertainty on investment: it …