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 …

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 …

subjective beliefs of players. In a laboratory experiment we measure subjects? certainty equivalents for three coordination games …

experiment, we let third parties redistribute resources between two stakeholders who could earn money either by choosing a safe … amount or by engaging in a risky, but potentially more profitable, investment. In one treatment, the outcome of the risky … investment is determined by a random move, while in another treatment stakeholders can cheat to obtain the more profitable …

interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …

In an experiment that elicits subjects’ willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold …

to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …