In this paper we relate individual risk attitude as elicited by binary lotteriesand certainty equivalents to market … equivalents are poorly correlated. Only lottery choices are relatedto market behavior: the higher the degree of risk aversion the … lower theobserved market activity. Females are more risk averse than males accordingto binary lotteries, submit fewer offers …

Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of …. Participants increase their investment when their preferred method of control is used.[...] …

This paper reports results of an experiment designed to analyze the link between riskydecisions made by couples and … risky decisions made separately by each spouse. We estimateboth the spouses and the couples’ degrees of risk aversion and we … assess how the risk preferencesof the two spouses aggregate when they make risky decisions. This enables us to investigatethe …

Economics and management science share the tradition of ordering risk aversionby fitting the best expected utility (EU … soleindex of risk attitude. (Cumulative) Prospect theory (CPT) has demonstrated vari-ous empirical deficiencies of EU and … introduced the weighting of probabilities as anadditional component to capture risk attitude. However, if utility curvature and …

In the framework of expected utility theory, risk attitudes are entirely capturedby the curvature of the utility … thismodication, one question arises naturally: since both utility and probability weight-ing determine the attitude towards risk …, what is the relation between them? Weran a controlled laboratory experiment to answer this question. Our ndings suggestthat …

examine the effect of imperfect information on contributions levels. To assess prior risk attitudes, individual valuations of … clear evidence of risk aversion, and of a negative relationship between the latter and willingness to cooperate. …

ofbehavior persists when risk comes into play. I devise an experiment which sheds light onthe interrelation of risk and social … preferences by measuring (1) individual risk preferences,(2) interpersonal risk preferences, and (3) social preferences under … certainty. The resultsreveal that a large share of subjects choose to accept more risk or less potential gain thanindividually …