Both economists and psychologists are interested in understanding decision making under uncertainty. Yet, they rely on …

preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

preference for randomization. -- stochastic dominance violations ; individual decision making ; university choice ; matching … by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all … treatments where decision-makers are asked to submit multiple decisions without knowing which one is relevant, many participants …

laboratory experiment. -- Afriat’s theorem ; deterministic preferences ; decisions under risk ; experimental economcics …

long horizons. We present an experiment comparing decision making under certainty, risk, and ambiguity, over a shorter …

test this conjecture, we design a simple experiment where the two treatments impact differently on trade uncertainty, while …