This paper analyzes the effects of network positions and individual risk attitudes on individuals' strategic decisions … in an experiment where actions are strategic substitutes. The game theoretic basis for our experiment is the model of … factors, such as the number of (direct) neighbors, local clustering and individuals' risk attitudes. …

-based questionnaire before the experiment and participants’ preferences for resolution timing, risk, and time were incentive compatibly …This experimental study is concerned with the impact of the timing of the resolution of risk on people’s willingness to … inferred from decisions regarding hypothetical choice problems, we had participants put their own money at risk in a real …

experiment affects risk taking. We find some evidence of imitation of the risk taking behavior of others that is distinct from …The paper reports the result of an experimental game on asset integration and risk taking. We find evidence that … winnings in earlier rounds affect risk taking in subsequent rounds, but no evidence that real life wealth outside the …

economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma … situation. Experimental results show that the competitive scheme fosters cooperation. Competition is popular but the electoral …

find a large and positive effect of endogenous institutional choice on the level of cooperation in comparison to … exogenously implemented institutions. This suggests that democratic participation rights enhance cooperation in groups. With … high levels of cooperation. Our results are evaluated against the predictions of social preference models. …

This paper presents experimental evidence that when individuals are about to make a given decision under risk, they are …

We conduct a controlled laboratory experiment where subjects dynamically choose their portfolio allocation between a … utility function. We then fit the experimental choices to this model to assess the risk attitude of our subjects. Despite the … substantial heterogeneity across subjects, decreasing absolute risk aversion and increasing relative risk aversion are the most …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey …. We test the behavioral relevance of this survey measure by conducting a complementary field experiment, based on a … representative sample of 450 subjects, and find that the general risk question is a good predictor of actual risk-taking behavior. We …