information, and control for risk attitude. We find that the strength-weight bias affects expectations, but that its magnitude is … incentive compatibility and controls for risk attitude considerably affect inferences on errors in expectations. …

. The latter involves decisions under ambiguity, decisions under risk, decisions after gaining experience and decisions …We assess the ability of different risk profiling measures to predict risk taking along a multi-stage decision process … after receiving outcome information on previous decisions. We find that in all decisions risk taking can be predicted by …

Risk-assessment and risk-taking in various forms are among the most important tasks financial professionals face in … domain) on risk-taking, predominantly among students. In a series of experiments set in different contextual frameworks, we … effect in risk-taking than the general population. Interestingly, for domain-specific risk-taking in a finance context, we …

Investor behavior was shown to be considerably different when the risk-return tradeoff is presented by experience … investors are faced with multiple decisions over time and are consequently able to adjust the risk level they initially chose … new form of risk simulation in which wealth paths over time are presented rather than just final outcomes. After investors …

In this paper we investigate how the experience of stock market shocks, like the COVID-19 crash, influences risk taking … behavior. To isolate changes in risk taking from a variety of other confounding factors during stock market crashes, we ran …

Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin … consequentialism than with dynamic consistency and that this result is even stronger among ambiguity averse subjects. …

The objective of this study is to design a laboratory experiment to explore the effect of ambiguity on a subject … their reservation points in the face of ambiguity over point distribution. Our result is consistent with the theoretical …

replacement and a different color wins in each draw. The 50-50 risky urn turns out to have the highest risk conceivable among all … of SEU share the same predictions in our design, for any first-order risk attitude. Yet, we observe that substantial …