-down" model of executive optimization. Others, like salience theory, assume a "bottom-up" influence where attention is driven by …-specific and decisionspecific variation in attention and verify our framework in an eye-tracking experiment on risky choice. We … aversion. We discuss the insights regarding the nature of attention and its role in economic theory. …

bounded rationality. Experimentally observed choice behavior in various decision tasks is used to assess heterogeneity in how …-irrelevant, categorizing decision types relies on parameter dependence and choice adaptations. We find that most participants reduce …

the relationship between impulsive decision-making in intertemporal choice and estimation of time-duration. In classical … economic theory, it has been hypothesized that people discount future reward value exponentially. In exponential discounting, a …

are information seeking otherwise. Because belief updating depends on the decision problem in which new information is …

This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and …

Does attention have a causal impact on risky decisions? We address this question in a preregistered experiment in which … causal role of attention on the decision process, we manipulate for how long each outcome is presented before showing the … weight on the decision. We find specific effects in the domain of losses, but not gains. A longer presentation duration of …

the decision-making process behind intended search decisions. Results indicate that among the respondents who faced prices … asymmetric search can be explained by prospect theory, in the sense that consumers evaluate current prices compared to a …