in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of … factors. We study subjects' strategic investment decisions in four basic network structures. As predicted, we find that global …

We study risk taking on behalf of others in an experiment on a large random sample. The decision makers in our … experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or …

measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the … investment task. Moreover, emotions were explicitly measured, including anticipatory emotions experienced during the waiting …-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly …

We analyze the investment decision of a population of time inconsistent entrepreneurs who overweight current payoffs … (or an excessive level of investment in the economy) without assuming the existence of boundedly rational, 'intrinsically …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision but before the resolution of the investment risk; (iii) after the resolution of the investment …