This paper presents an experimental investigation of risk taking in the domain of losses. The experiments are conducted … with students in several universities during introduction rudiments to expected utility theory and risk behaviour. The …. They also show similarities in the risk perception of students across different countries, i.e., a useful validation of …

choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to …

risky decisions made separately by each spouse. We estimate both the spouses and the couples' degrees of risk aversion, we … assess how the risk preferences of the two spouses aggregate when they make risky decisions and we shed light on the dynamics …

payoffs than individuals. We elicit individual and group preferences towards risk using simple lotteries. The results indicate …

designed to separate inequality aversion from risk aversion. In a set of laboratory experiments, subjects chose between two …Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature … revealed that inequlity aversion and risk aversion are treated as separate variables. This paper presents exploratory research …

choice under risk. Various combinations of these approaches are used with expected utility and rank-dependent theory to …

payoffs than individuals. We elicit individual and group preferences towards risk using simple lotteries. The results indicate …

, which expose the agent to a high degree of risk, generate higher performance than cost-equivalent contracts with lower or no … risk exposure. I find that probability distortions that result from likelihood insensitivity-cognitive limitations that …