I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity … relative ambiguity attitude (compared to the peer's) significantly matters for shifts in individual attitudes, and that … dynamics considerably differ between gain and loss domains. For gains, learning to be comparably ambiguity averse increases the …

We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary … incentives. We estimate the parameterized models in the framework of cumulative prospect theory and examine the risk aversion …. -- age ; cumulative prospect theory ; risk aversion ; probability weights ; reference point …

; menstrual cycle ; gender ; likelihood of conception ; first price auction ; risk behavior ; competition ; bidding …

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 …

. Surprisingly, we have null findings for testosterone as well as estradiol and cortisol. Controlling for risk aversion does not … ; Gender ; Competition ; Aggression ; Dominance ; Risk-taking ; Endocrinological economics …