Chapter IWe use a large-scale internet experiment to explore how subjects learn to play against computers that are … experiment, we separate the demand for punishment in general from a possible demand to conduct punishment personally. Subjects …? In our experiment we observe that the subjects almost never use punishment. Consistently, the data shows no increase in …

Einkommensbesteuerung und deren Wahrnehmung auf die Arbeit-Freizeit-Entscheidungen untersucht wird.Im ersten Experiment des ersten Teils … Laborexperiment sollten die Teilnehmer eine Entscheidung über die genaue Höhe einer Investition treffen. In verschiedenen Treatments … reale Arbeit-Freizeit-Entscheidung treffen.Als zentrales Ergebnis beider Laborexperimente lässt sich Folgendes …

-order risk preferences. In order to assess whether risk preferences differ for decisions over gains and losses the experiment was … experimentellen Messung der Intensit?t von Risikoaversion vor. Diese Methode basiert auf etablierten theoretischen Konzepten der …, verglichen. Das Experiment macht deutlich, dass die methodologischen Einw?nde empirische Relevanz besitzen, wenn eine …

Prospect theory is a descriptive model of individual decision-making under risk (Kahneman and Tversky 1979). The … central tenet of prospect theory posits that the risk orientation of decision-makers is affected by the gains vs. losses … domain of losses. Although prospect theory made significant contributions to decision theory, it has important limitations …

, heuristics and biases affect human decision-making. This work adds to these findings by providing empirical evidence for … behavioral patterns in decision-making in a competitive game with uncertainty. The poker environment offers a promising … approaches from decision theory. Furthermore, we show why playing poker is similar to trading in a financial market. After …