Narrow bracketing in combination with loss aversion has been shown to reduce individual risk-taking. This is known as … investment environments, we systematically modified the seminal study design by Gneezy and Potters (1997) to include five key … adjustments. These involved realistic, down-scaled returns, return compounding, and extended investment horizons. Contrary to some …

children apply it as a choice heuristic. We report on results of an experiment that tests whether children diversify in a … diversification, both for the sake of variety across consumption goods and for the purpose of mitigating risk when faced with a choice … between risk aversion and diversification and find no significant connection between the two. Our results indicate that …

increases in investors' risk aversion which in turn increases investors' proneness to familiarity bias. I hypothesize that …

We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute … their own for alternative investment choices. Overall, 149 subjects participated in two experiments, one with just one risky …

In this paper we investigate how the experience of stock market shocks, like the COVID-19 crash, influences risk taking … behavior. To isolate changes in risk taking from a variety of other confounding factors during stock market crashes, we ran … experiment were 12 percent lower in March 2020 than in December 2019, even though their future price expectations did not change …

subjects repeatedly make investment decisions, there is minimal computational burden, and at all times subjects have complete … investment decisions and harm performance. More knowledgable subjects make better decisions, but are also affected by categorized …

price follows geometric Brownian motion and the money account has a constant interest rate. I experimentally test Nicolosi …

Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of …. Participants increase their investment when their preferred method of control is used. Participants who prefer to control more … reduce their investment more strongly when face with less control. Preference for control has larger effect on investment …