We investigate the influence of overconfidence and risk aversion on individual financial decision making in the … their pre-experimental overconfidence scores, were assigned to the two types of markets: least overconfident subjects formed … five “rational” markets and most overconfident subjects formed five “overconfident” markets. The asset market experiment …

information and the introduction of performance-based payoffs have an influence on judgement. Therefore, an experiment is designed …

correlation neglect hypothesis and the overconfidence which both lead to suboptimal diversification decisions. The investment …

experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition … decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game …

This paper studies the impact of incentives on worker self-selection in a controlled laboratory experiment. In a first … additional individual characteristics such as subjects’ risk attitudes, measures of selfassessment and overconfidence, social … overconfidence affect worker self-selection, in particular into tournaments. Fourth, risk averse workers prefer fixed payments and …

reveals overconfidence (underconfidence). The individual is well calibrated if he or she chooses the third alternative …

making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the …

making in teams. I find in an investment experiment that individual decisions with salient group membership are largely the …

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …