situation where participants face a risky decision that affects only their own earnings. In the social (individual) treatment …

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective … acquired. Roughly half of the participants do not base their decision on a subjective belief of the probability of guilt. The …

works in anindividual decision experiment. Subjects are faced with a sequentialsearch problem. After extensive practice …

This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … referent so strategic behavior or social preferences can play no role. We find that decision makers are more risk-averse in the …