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

We explore mortality beliefs by eliciting individual-level belief distributions for participants' remaining lifespan. Across two independent samples, from Germany and the USA, we find that individuals - while accurately forecasting their life expectancy - substantially overestimate the...

We study three fundamental components of financial agency settings: Perception and communication of investment profiles, the interaction of agents’ and clients’ preferences, and the role of (non-)monetary incentives. The perception of investment profile terminology is very heterogeneous,...