We test the effects of dual processing differences in both individual traits and decision states on risk taking. In an … experiment with a large representative sample (N = 1,832), we vary whether risky choices are induced to be based on either …-making traits are strong and robust determinants of risk taking: a more intuitive trait is associated with more risk taking, while a …

Anticipating "social risk", or risk caused by humans, affects decision-making differently from anticipating natural … risk. Drawing upon a large sample of the US population (n=3,982), we show that the phenomenon generalizes to risk … experience. Experiencing adverse outcomes caused by another human reduces future risk-taking, but experiencing the same outcome …

models predict both, higher as well as lower levels of risk aversion when taking risk for others, and the experimental … managers invest significantly less for others than for themselves (cautious shift) which is mainly driven by a less risk averse … oder für andere Personen. Wir verwenden ein „within-subjects“ für unser Experiment, bei dem Vermögensverwalter in …

We apply the basic lessons and insights learned in the elicitation and estimation of risk and time preferences … literature to the literature on social preferences. Following Andersen et al. (2008), we design a laboratory experiment to … jointly elicit risk preferences and preferences for altruism. Consistent with theory, we find that the standard simplifying …

Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we … population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able … to generate both negative and positive correlations between risk aversion and cognitive ability. Structural estimation …

We run a novel experiment to explore the relationship between the perception of real-life risks and the demand for risk … life. For each risk, subjects can pay premiums in order to reduce the likelihood of total bankruptcy. Our results show a … complex interplay of mortality perception and demand for risk reduction. We observe that perceived annual mortality positively …

The perception of risk affects how people behave during crises. We conduct a series of experiments to explore how … people form COVID-19 mortality risk beliefs and the implications for prosocial behavior. We first document that people … overestimate their own risk and that of young people, while underestimating the risk old people face. We show that the availability …

different risks, but it is hard to measure risk perceptions in a neutral, unbiased way. In a pre-registered experiment with a … nationally representative sample (N = 800), we tested the effects of survey instructions on perceived risk from common … risks in general) before rating perceived risk of a series of hazards. Results showed an asymmetric salience effect …