risk, medical decision theory predicts lower treatment thresholds for risk-averse than for risk-neutral decision makers …We study risk-aversion and prudence in medical treatment decisions. In a laboratory experiment, we investigate the … frequency and intensity of second- and third-order risk preferences, as well as the effect of the medical decision context. Risk …

I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …

In a laboratory experiment, we measure subjects' willingness to pay for a transparently useless decision right … likelihood of receiving her preferred task if she rather than another participant makes the decision. Participants pay more to …

instructions' format affects the participants' understanding of the experiment, their speed of play and their experimental behavior …. We show that longer instructions do not significantly improve the subjects' understanding of the experiment; on …-screen instructions shorten average decision times with respect to on-paper instructions, and requiring forced inputs reduces waiting …

classified as equilibrating. -- central bank ; cooperation ; conflict ; exchange rate ; experiment ; market power ; heuristics …

focuses on context-specific empirical studies. We use a public good game experiment with endogenous groups to investigate how …

first attempt to shed light on these issues and address them in an incentivized face-to-face tax compliance experiment. The … experiment contains two dimensions; i) the level of the fine for non-compliance; and ii) the presence of a recording video camera … importantly, the presence of a recording video camera does not affect subjects' observed decision behavior in the actual …

We provide an explanation why centralisation of political decision makingresults in overspending in some policy domains …