decisions are taken by teams, not individuals. 10 Each team in our experiment comes from a different fishing boat at Lake …-nudge increases cooperation by 14 and 16 percentage points for egalitarian and hierarchical 15 team decisions, respectively. Captains …

uncertainty. Our findings imply that a unifying theory of social risk effects requires new explanations. …Anticipating "social risk", or risk caused by humans, affects decision-making differently from anticipating natural … risk. Drawing upon a large sample of the US population (n=3,982), we show that the phenomenon generalizes to risk …

by a draw from an Ellsberg urn. In a within-subject experiment, subjects make decisions in three different bargaining … mechanism, which is in line with theory. Free format bargaining yields a surprising number of disagreements, which are not …

experiment we let subjects choose how often they want to play a risky skill game. We find that women play only half as many …

We present the results of an experiment where a random subset of the participants in the Bundesbank's household panel …

variation, the probit-based model can better fit actual choice data from an existing laboratory experiment, especially if there …

. The utility function captures the diminishing marginal utility of money with income and risk aversion over gambles. This … reflects individuals' preferences more accurately, and can be applied to policies that involve risk. In addition, if social … of mortality risk. The United States Government values lives equally in calculating the welfare losses from mortality …

randomized survey experiment, we inform respondents from India of their official income rank and elicit preferences for air … survey experiment demonstrates the causality of the relationship using a novel treatment that exogenously shifts relative …