, decision confidence, and preference for numerical information. The findings contribute to research on thinking styles and … decision avoidance, and they underscore a characteristic of financial decisions that makes them stand out among many other … decision types. In addition to their theoretical significance, the findings have practical implications for the communication …

Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical … Risikoaversion im Vergleich zur Situation, bei der der Betroffene selbst die Entscheidung trifft. Die bisherigen empirischen … Ergebnisse aus Laborexperimenten sind ebenso gemischt oder finden keine Unterschiede zwischen der Entscheidung für sich selbst …

ambiguous lotteries in a financial decision context. The experiment can be viewed in two parts. The first part replicates an … and elicited values of lotteries in a financial decision context. Further, the interaction of overconfidence, competence …

, the overall decision situation is ultra simple. It is so simple that: a) economists and psychologists can mechanically … model and identify what is a mistake, and b) decision makers can maximise. However, contrary to prospect theory, in the … ; decision costs ; evaluation ; maximisation ; Black Scholes ; Lehmann Brothers ; sub-prime crisis ; central bank swaps …