Most experiments on decision theory ask individual subjects to make more than one decision. The isolation hypothesis is … individuals’ attitudes toward risk. It challenges the conventional view that the random lottery incentive mechanism introduces no … biases in inducing risk preferences …

The question of how to measure and classify people’s risk preferences is of substantial importance in the field of … Economics. Inspired by the multitude of ways used to elicit risk preferences, we conduct a holistic investigation of the most … risk assessment method can lead to biased results especially if researchers investigate its connection to other phenomena …

discuss the claims of Andreoni and Sprenger (2012b) that "risk preferences are not time preferences" and assert that this may …

place as well as modifications that should be incorporated into descriptive models of decision making. …

leader’s decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can … selection mechanisms in group decision-making. In a setting where all members of a group get the same payoff based on the group …’s decision: the communicated preferences have a significant effect on the actual group decision only when the leader is appointed …

belief about the own rank in a real effort task, and subjects’ risk preferences. In this paper I am able to replicate these … males. Additionally, I show that individual characteristics are more important for the entry decision in more competitive …

decision theories— stochastic expected utility theory (Blavatskyy, 2007) and perceived relative argument model (Loomes, 2008 …The results of a new experimental study reveal highly systematic violations of expected utility theory. The pattern of …

Microeconometric treatments of discrete choice under risk are typically homoscedastic latent variable models … parameters meant to represent agents’ degree of risk aversion in the sense of Pratt (1964) do not imply a suggested … “stochastically more risk averse” relation within such models. A new heteroscedastic model called “contextual utility” remedies this …

The study investigates protective responses in low probability and high loss risk situations. Particularly, it (1 … measure, (3)calculates relative risk aversion. The results of the experiment indicate that as the probability of loss and loss … than to the variation in loss amounts when they decide whether to buy the protective measure or not: choice decision. Yet …