Most experiments on decision theory ask individual subjects to make more than one decision. The isolation hypothesis is … individuals’ attitudes toward risk. It challenges the conventional view that the random lottery incentive mechanism introduces no … biases in inducing risk preferences …

leader’s decision of how much risk to take, we study the effects of two treatment variables: (1) whether group members can …

of behavior under risk ; then we look at dynamic theories under risk; and finally look at decision making under ambiguity … number of methodological issues concerning the conduct of experiments, and relating to the econometric analysis of the data …