reciprocity, altruism, and trust from 80,000 individuals in 76 countries. The data reveal substantial heterogeneity in preferences …

Risk and time are intertwined. The present is known while the future is inherently risky. Discounted expected utility … robust violations of discounted expected utility, inconsistent with both prospect theory probability weighting and models …

out in Baumrind 1967). Parents maximize an objective function that combines Beckerian altruism and paternalism towards …

aversion, time preference, altruism, positive reciprocity, negative reciprocity, and trust to uncover that contemporary …

augmenting the standard power utility function with a time-varying subsistence level, or "external habit", that adapts …

Are individuals expected utility maximizers? This question represents much more than academic curiosity. In a normative … utility maximization paradigm literally the only game in town. In this study, we advance the literature by exploring CEO … that both our CEO and student subject pools exhibit frequent and large departures from expected utility theory. In addition …

We report the results of an online experiment studying preferences for giving and preferences for group …

method using data from an experiment with 550 participants who made choices over lotteries from multiple price lists …