• 1 Introduction
  • 2 Experimental setup
  • 2.1 Setup and incentives
  • 2.2 Probability estimates
  • 2.3 Preferences and judgements on structured products
  • 2.4 Risk aversion
  • 3 Results
  • 3.1 Why are barrier features attractive?
  • 3.2 Why are worst-of baskets attractive?
  • 3.3 Can one de-bias investors?
  • 4 Conclusions
  • References