discouragement effect when taking risk. -- Tournaments ; Competition ; Risk-Taking … stage two, both players observe the given level of risk and simultaneously invest in a winner-take-all competition. The game …

irrelevant. We design a laboratory experiment to test various comparative statics of the model and explore behavioral deviations …

We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our … experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or …

We conducted a field experiment involving 720 Italian undergraduate students to investigate the existence of gender … design was aimed at disentangling gender differences in taste for competition from other differences in psychological … but different gender composition. We find that females are as likely as males to take part in the competition and to …