We conduct an experiment to study the prevalence of the higher order risk attitudes of prudence and temperance, in a … large demographically representative sample, as well as in a sample of undergraduate students. Participants make pairwise … individual’s level of prudence is predictive of his wealth, saving, and borrowing behavior outside of the experiment, while …

We report a framed field experiment, in which we study the effectiveness of punishment and reward in sustaining …

We conduct a field experiment to measure cooperation among groups of recreational fishermen at a privately owned … type of activity involved as the source of the lack of cooperation in our field experiment. When cooperation requires a …

punishment, so that they increase overall welfare ? We report an experiment in which players can issue non-binding threats to …

We report the results of an experiment designed to measure how well asset market prices track fundamentals when the …