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

We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary …, probability weightings and reference point adoption of elderly and young groups. The results of our experiment indicate that the …

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 … risk, medical decision theory predicts lower treatment thresholds for risk-averse than for risk-neutral decision makers …

We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral ….S.A. than anywhere else. -- conditional cooperation ; public goods ; experiment …

the United States, although most of the arguments translate immediately to decision-making in other countries. There are …-cost analysis ; environmental policy ; decision making ; choice behavior ; public goods ; willingness-to-pay ; willingness …

We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby … bad uncontrollable luck. Instead, they condition such compensation on the agent's decision regarding controllable luck …

We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors … performance, together influence the decision to hold on to or to capitulate on an investment. We study the relative contribution … decision to capitulate an investment, however, only depends directly on the expectation about the stock’s future performance …

revealing the subject's privately held information. In an experiment, we apply the mechanisms to reveal beliefs about …