dramatic consequences. To test whether the overconfidence bias affects the decision of backcountry skiers to go on a ski trip …

Decision makers often take risky decisions on the behalf of others rather than for themselves. Competing theoretical …

This study attempts to combine two traditional fields in microeconomics: individual decision making under risk and … decision making in an interpersonal context. The influence of social comparison on risky choices is explored in an experiment … lower than all possible payoffs of the decision maker. In the neutral context social referent and decision maker will always …

Decision making can be a complex process requiring the integration of several attributes of choice options … functional magnetic resonance imaging (fMRI) data from an investment decision (ID) study for ID-related effects. We propose a new … technique for identifying activated brain regions: Cluster, Estimation, Activation and Decision (CEAD) method. Our analysis is …

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