experiment. To identify the causes of risk taking by groups, we compare individual to group decisions in three scenarios. The … in 100% of the cases where outstanding individuals are risk averse, while group polarization appears to be more likely … towards outstanding risk loving subjects. Intra-group payoff conflict shifts these likelihoods, supporting the importance of …

study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a … promising tool for reducing poverty, but the use of savings accounts is often puzzlingly low. Holding on to cash that needs to … be physically deposited into a savings account may increase the psychological costs of saving. This study experimentally …

This study examines whether people optimally respond to prize incentives for risk taking in tournaments. I exploit the … the degree of risk taking depending on the incentives implied by the prize structure they face. I find that they are more …

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …

studies also document gender differences in a variety of important preference dimensions, such as risk-taking, competition and … and that this difference persists with experience and in environments with varying degrees of risk. This gender voting gap …

relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security … system. We find that mortality risk, when negatively correlated with entitlements, significantly lowers subjects' willingness …

different prize schemes and in accordance with theory, we observe substantial investments in spread for the winner …