We examine whether prior exposure to environments with varying degrees of risk affects individuals' risk-taking behavior. In a laboratory setting, subjects were first exposed to high, moderate, or low-risk environments. We then elicited their risk aversion based on their decisions on an...

A well-recognized problem in the multitasking literature is that workers might substantially reduce their effort on tasks that produce unobservable outputs as they seek the salient rewards to observable outputs. Since the theory related to multitasking is decades ahead of the empirical evidence,...