different treatments. Under both limelight and anonymous laboratory conditions, a simple prospect theory model with a path …-dependent reference point provides a better explanation for subjects' behavior than a flexible specification of expected utility theory …

). However in typical experiments these unknown probabilities are known by others. Thus the typical Ellsberg experiment is a … normatively appropriate.We find that eliminating asymmetric information in the Ellsberg experiment while leaving ambiguity in …

interest. Our experiment finds a significant effect of language ambiguation on subjects who are competent Bayesian updaters …

approximately explain individuals' behavior in the experiment. -- Decision making under uncertainty ; risk preferences ; prudence … ; downside risk ; statistical moments ; laboratory experiment …

that are extracted from a classroom experiment. We find that more-loss-averse students leave more questions unanswered and … evidence that loss aversion parameters extracted from lottery choices in a controlled experiment have predictive power in a … over time, as the experiment was conducted three months prior to the exam. We also find important differences across …

. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment …

hypothesis with a laboratory experiment in the field in which we measure risk and ambiguity preferences. We combine our … experiment with a survey in which we collect information on farm decisions and identify market constraints. We find that …

public goods with positive externalities. -- Public good ; experiment ; groups ; Spillover Game ; social dilemma …