, subjects can reduce or even eliminate the ambiguity and turn the decision situation into one of risk. Under the assumption that …This paper focuses on information acquisition and individual decision making in ambiguous situations and presents a … choice between risky and ambiguous Ellsberg urns, we let them choose between a safe option and a risky lottery, whose risk is …

Risk attitude and perception is reflected in brain reactions during RPID experiments. Given the fMRI data, an important … research question is how to detect risk related regions and to investigate the relation between risk preferences and brain … method improves the quality of spatial representations and guarantees the contiguity of risk related regions. The selected …

and moving towards shared values. In a context of boundless inequalities across the globe, human decision-making is facing … new challenges on its own. As psychologists continue to unveil the heuristics and biases in human cognition, additional … research has to be undertaken on how shared decision making systems, as well as social connections, shape immigration attitudes …

, subjects can reduce or even eliminate the ambiguity and turn the decision situation into one of risk. Under the assumption that …This paper focuses on information acquisition and individual decision making in ambiguous situations and presents a … choice between risky and ambiguous Ellsberg urns, we let them choose between a safe option and a risky lottery, whose risk is …

can generate systematic biases in revealed preference measures such as spurious risk aversion. These effects are very …

Both economists and psychologists are interested in understanding decision making under uncertainty. Yet, they rely on …

when a decision is complex, they implicitly treat different time delays to some degree alike. By experimentally measuring … when the decision environment is more complex. Third, cognitive uncertainty matters for choice architecture: people who are …