We study risk taking on behalf of others, both with and without potential losses. A large-scale incentivized experiment … is conducted with subjects randomly drawn from the Danish population. On average, decision makers take the same risks for …

experiment using prepared, restaurant-style meals—a good that is transparent in immediate pleasure (taste) but non-transparent in …

to an ambiguity averse preference for a randomized act. Building on this insight, we implement an experiment whose design …

of decision avoidance are inconsistent with the latter. We report the results of laboratory experiments which show that …

people can learn about the social norm from the information. We test the model predictions empirically with an experiment …

This study examines gender differences in overconfidence and decision-making in a high-stakes environment. Using data … average, are less likely than men to overestimate their ability. This result is robust to different measures of overconfidence … overconfidence. In terms of performance, results suggest that women suffer more from overconfidence than men. …

decision-making is subject to cognitive or perceptive constraints. We show that distortions in the way probabilities are …