preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

thereby distort optimal search. In addition, urgency may alter decision-making processes and thereby the salience of regret …Perceived urgency and regret are common in many sequential search processes; for example, sellers often pressure buyers … in search of the best offer, both time-wise and in terms of potential regret of forgoing unique purchasing opportunities …

often condition the decision of whether to share a piece of information on the similarity between the signal and the prior … computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …

, compared to when lotteries are randomly assigned to them. -- peer effects ; decision making under risk ; social comparison … ; social preferences ; laboratory experiment …

We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute … asset, the other with two risky assets. Overconfidence increases (i) with the absolute deviation from optimal choices, (ii …