behavioral patterns in the combined domain and is the first to disentangle elementary attitudes on risk, altruism, social …We present a theoretical framework to study risk and other-regarding preferences. The model can explain the main … model, most subjects significantly alter their risk attitudes due to ex-post inequality concerns; and exhibit ex …

Combining a standard measure of concern about low relative wealth and a standard measure of relative risk aversion … leads to a novel explanation of variation in risk-taking behavior identified and documented by social psychologists and … individual’s relative risk aversion decreases when he becomes more relatively deprived as a result of an increase in the average …

about risk, time-discounting and altruism in variations of two conditions: 'Quantitative First' and 'Qualitative First'. We … patience and altruism while using quantitative items first increases the cross-method correlation for risk and time preferences …

experiments. Contrary to the traditional view of expected utility theory, the choices can be explained in large part by previous … outcomes experienced during the game. Risk aversion decreases after earlier expectations have been shattered by unfavorable … outcomes or surpassed by favorable outcomes. Our results point to reference-dependent choice theories such as prospect theory …

Risk is one of the key aspects in financial decision-making and therefore an integral part of the behavioral economics … and finance literature. Focusing on the conceptualization of the term "risk", which researchers have addressed from … numerous angles, this comment aims to offer a critical perspective on the interactions between risk preferences (a latent trait …