responsible for somebody else's payoffs increases risk aversion. This is however not attributable to a 'cautious shift' as often … thought. Indeed, looking at risk attitudes in the loss domain, we find an increase in risk seeking under responsibility. This … raises issues about the nature of various decision biases under risk, and to what extent changed behavior under …

own. For gains we confirm the intuition that being responsible for somebody else's payoffs increases risk aversion, while … in the loss domain we find increased risk seeking. In a second experiment we replicate the finding of increased risk … aversion for large probabilities of a gain, while for small probability gains we find an increase of risk seeking under …

risk taking, yet results remain inconclusive. We suspect that this is due to difficulty in capturing risk preferences with … expected utility based tasks. Prospect theory, on the other hand, suggests that risk preferences differ between gains, losses … financial risk taking and 2D:4D, a putative marker of prenatal testosterone exposure, in the framework of prospect theory. We …

affected people's prospect-theory risk preferences, especially in the loss domain. The panel analysis indicates that with the …

behavioral axioms including separability, narrow bracketing, and scaling invariance predict these seemingly inconsistent …