to (a) their within-subject stability over time (oneyear) and (b) their correlation with actual risk-taking behaviour in … correlations with a Big Five personality measure and iscorrelated with actual risk-taking behaviour. The results suggest that the … questionnaireis the more adequate measure of individual risk attitudes for the analysis ofbehaviour in economic (lab) experiments …

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 theprobability of loss and loss … than to the variation in loss amountswhen they decide whether to buy the protective measure or not: choice decision. Yet …

measured by the adjustments of personal parametersuntil accepting the investment decision suggested by theory.Additionally, a …This experimental study investigates whether individuals preferbounded rationality over rational choice theory when … theoretical approach, namelysatisficing or optimality, applicable. Then, they are guided throughthe decision making process where …

results for the cases of expected utility and cumulative prospect theory. …

explore this possibility, I develop a theory that uni…es modelsof investment choice, informal risk sharing, and formal … …nancial contracts. Ithen test the predictions of this theory using a series of experiments with clientsof a large micro …, borrowersfree-ride on their partners, making risky investments without compensatingpartners for this risk. Second, the addition of …