This dissertation addresses a basic difficulty in accommodating other-regarding preferences within existing models of decision making. Decision makers with such preferences may violate the property of stochastic dominance that is shared by both expected utility and almost any model of...

Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information distortion. We report two studies involving six binary...

In four studies, student and nonstudent participants evaluated the possible outcomes of binary decisions involving health, safety, and environmental risks (e.g., whether to issue a dam-failure evacuation order). Many participants indicated that false positives (e.g., evacuation, but no dam...

Substantial evidence indicates that information is distorted during decision making. However, no studies have assessed the distortion of outcome and probability information in risky decisions or the effects of ambiguity on information distortion. This paper reports two studies involving six...

In four studies, student and nonstudent participants evaluated the possible outcomes of binary decisions involving health, safety, and environmental risks (e.g., whether to issue a dam-failure evacuation order). Many participants indicated that false positives (e.g., evacuation, but no dam...

To date, research into socially responsible investment (SRI), and in particular the socially responsible investment funds industry, has focused on whether investing in SRI assets has any differential impact on investor returns. Prior findings generally suggest that, on a risk-adjusted basis,...

Baltijos šalyse dar tik pradedama diskutuoti socialiai atsakingo verslo tema, todėl čia tokią veiklą vykdančių įmonių dar nėra daug, o investavimo į tokias įmones arba į iš jų sudarytus investicinius fondus klausimai bei su tuos susijusios problemos dar nėra plačiai...