We test whether the binary lottery procedure makes subjects behave as if they are risk neutral in the Holt-Laury and … Eckel-Grossman tasks. Depending on the task we find that at most a third of subjects behave as if risk neutral. In fact …

English premium auction (EPA) for different risk attitudes of bidders. We explicitly derive the symmetric equilibrium for … bidders with CARA utilities and conduct an experimental study to test the theoretical predictions. In our experiment, subjects … are sorted into risk-averse and risk loving groups. We find that revenues in the EPA are significantly higher when bidders …

We investigate experimentally the effect of consultation (unincentivized advice) on choices under risk in an … second with group choice after communication. Our benchmark treatments replicate findings that groups take more risk than … the peer group are significantly correlated. However, average risk-taking after consultation is not significantly …

before and during the outbreak. In each experiment, we elicit risk preferences from two sample groups: professional traders …We study whether the COVID-19 pandemic has impacted risk preferences, comparing the results of experiments conducted … and undergraduate students. We find that, on average, risk preferences have remained constant for both pools of …