dichotomy. Our own experiment is the first to look beyond 4th order risk preferences and we examine risk attitudes at even …

This paper presents the results of an experiment that completely measures the utility function and probability …

on this unique natural experiment, the existence of emphasis framing effects is tested for and their determinants are …

consistent in revealing that groups behave closer to the game-theoretical assumption of rationality and selfishness than …

The weak rationality principle is not an empirical statement but a heuristic rule of how to proceed in social sciences …-foundation and, therefore, employ the rationality assumption in economic models. Then, with reference to the ‘bounded rationality … a part of the rationality assumption. We conclude with some remarks on handling the problems of ‘free will’ as well as …

We use a laboratory experiment to investigate the behavioral effects of obligations that are not backed by binding … and asymmetric minimum contribution levels (obligations) in a repeated public goods experiment. The results provide …

first, low-cost pass at empirical evaluation, we conduct an experiment among farmers in the Ethiopian highlands, a region …