robust to preference incompleteness. …

Preference for control affects investment behavior. Participants of laboratory experiments invest different amount of … distribution, but provide different sense of control. Preference for controlling and not controlling are both observed …

It is shown how to test revealed preference data on choices under uncertainty for consistency with first and second …. If an investor is risk averse, stochastic dominance relations can be combined with revealed preference relations to … recover a larger part of an investor's preference. Interpersonal comparison between investors can be based on intersections of …

agnostic individuals through reduced form, revealed preference, and structural estimation analyses. …

points are determined by expectations. In the first experiment, we endow subjects with an item and randomize the probability … determined by the status quo or when preferences are reference-independent. In the second experiment, we randomly assign subjects …

, what is the relation between them? Weran a controlled laboratory experiment to answer this question. Our ndings suggestthat …