safe option, and placed it on one side of the table (here, two quarters). (2) The experimenter covered the safe option with a bowl. (3) The experimenter placed a second (empty) bowl on the other side of the table, and occluded it. (4) The participant saw two possible risky outcomes (good and bad, here one dollar and one penny). Behind the occluder, the experimenter placed just one potential outcome under the risk bowl. (5) After removing the occluder, the experimenter reminded the participant of the safe value. (6) The participant could choose a bowl they preferred. Rewards shown are monetary rewards used in Study 3. 2 Study 1 supplemental analyses: Human risk preferences across currencies In addition to the repeated measures ANOVA reported...
A menu of paired lottery choices is structured so that the crossover point to the high-risk lottery ...
We examine whether exposure to a more or less risky environment affects people’s subsequent risk-tak...
Controlled laboratory experiments have become a generally accepted method for studying economic beha...
Humans have generally been considered risk averse for gains. Yet, growing evidence shows that risk p...
Incentivized experiments in which individuals receive monetary rewards according to the outcomes of ...
Abstract: Experiments on choice under risk typically involve multiple decisions by individual subjec...
We conducted a study to examine whether cost-saving practices in human behavior experiments elicit r...
Several experimental sessions were conducted to elicit certainty equivalents for a sequence of lotte...
It has long been assumed in economic theory that multi-attribute decisions involving several attribu...
Controlled laboratory experiments have become a generally accepted method for studying economic beha...
Many of the decisions we make as economic agents involve choices that play out overtime and that inv...
A series of experiments is used to investigate the extent to which valuation of a risky prospect is ...
Many decisions we face are characterized by risk or uncertainty we must make choices prior to knowin...
Typescript (photocopy).This study examines how people make decisions under risk and uncertainty. The...
We conduct a battery of experiments in which agents make choices from several pairs of all-loss-lott...
A menu of paired lottery choices is structured so that the crossover point to the high-risk lottery ...
We examine whether exposure to a more or less risky environment affects people’s subsequent risk-tak...
Controlled laboratory experiments have become a generally accepted method for studying economic beha...
Humans have generally been considered risk averse for gains. Yet, growing evidence shows that risk p...
Incentivized experiments in which individuals receive monetary rewards according to the outcomes of ...
Abstract: Experiments on choice under risk typically involve multiple decisions by individual subjec...
We conducted a study to examine whether cost-saving practices in human behavior experiments elicit r...
Several experimental sessions were conducted to elicit certainty equivalents for a sequence of lotte...
It has long been assumed in economic theory that multi-attribute decisions involving several attribu...
Controlled laboratory experiments have become a generally accepted method for studying economic beha...
Many of the decisions we make as economic agents involve choices that play out overtime and that inv...
A series of experiments is used to investigate the extent to which valuation of a risky prospect is ...
Many decisions we face are characterized by risk or uncertainty we must make choices prior to knowin...
Typescript (photocopy).This study examines how people make decisions under risk and uncertainty. The...
We conduct a battery of experiments in which agents make choices from several pairs of all-loss-lott...
A menu of paired lottery choices is structured so that the crossover point to the high-risk lottery ...
We examine whether exposure to a more or less risky environment affects people’s subsequent risk-tak...
Controlled laboratory experiments have become a generally accepted method for studying economic beha...