(Chichilnisky, 1996, 2000, 2002). Results provide evidence that fear influences the cognitive process of decision-making by leading …

Until recently we have known little about how core decision processes change with age and how aging may impact the … reward-related decision-making contexts. A range of decision-related processes are covered, from adult age differences in … basic sensitivity to gains and losses to areas of decision making that require increasing integration of information, and …

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …

Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time … to cope with time pressure varies significantly across decision makers, leading to selected subgroups that differ in … jointly predict individuals' decision quality and ability to keep their decision strategy under time pressure. …

Time pressure is a central aspect of economic decision making nowadays. It is therefore natural to ask how time … to cope with time pressure varies significantly across decision makers, leading to selected subgroups that differ in … jointly predict individuals' decision quality and ability to keep their decision strategy under time pressure. …

risk. Furthermore, we determine whether subjects are averse to collective risk - the variability in the sum of payoffs of … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … risk changes choice only marginally and not significantly, though in the direction of collective risk reduction. We …

Economic theory suggests that the deterrence of deviant behavior is driven by a combination of severity and certainty …