. Third, we find that once people have made a decision, they tend to repeat it, demonstrating a strong preference for the …

Under regret theory, decision-makers derive utility both from the outcome of their chosen action and the counterfactual … of regret theory for repeated decisions are far from clear. Indeed while our one-shot experimental data corroborate the … lotteries and their certainty equivalents. Given the recent literature on the use of regret lotteries as incentives, our results …

Prior work has demonstrated that prosocial incentives - where individuals' effort benefits a charitable organization … - can be more effective than standard incentives, particularly when the stakes are low. Yet, little is known about the … effectiveness of prosocial incentives on people's decisions to participate or opt-in to the incentivized activity in the first place …

. While this question has been widely discussed in the literature, the focus is usually either on strict incentives for … incentives and robustness to strategic uncertainty. The result is a set valued solution, a variant of which is shown to exist for …

social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …

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

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 …

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …