We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment … behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of … MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice …

In this paper we experimentally test skewness seeking at the individual level. Several prospects that can be ordered … with respect to the third-degree stochastic dominance (3SD) criterion are ranked by the participants of the experiment. We …

We define and experimentally test a public provision mechanism that meets three basic ethical requirements and allows …

For our experiment on corruption, we designed a coordination game to model the influence of risk attitudes, beliefs …, and information on behavioral choices and determined the equilibria. We observed that the participants' risk attitudes …

We perform a comparative analysis of five incentivized tasks used to elicit risk preferences. Theoretically, we compare … homogeneous population, we experimentally investigate the distribution of estimated risk preferences, whether they differ by … maximum likelihood. We find that the estimated risk aversion parameters vary greatly across tasks and that gender differences …