We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion … protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an … incentivized risk preference elicitation task. We find loss aversion, distinct from risk aversion, has a significant effect on …

We report on a laboratory experiment testing for the presence of loss aversion, as separate from risk aversion … loss by experimental participants. Our experimental design augments the Holt-Laury risk preference elicitation methodology … additional reluctance to participate in a mixed domain lottery beyond that predicted by risk aversion. We show that only …

in social image concerns and attitudes towards lying. We then test its predictions in a laboratory experiment. Subjects …

In this paper we study by means of a framed field experiment on a representative sample of the population the effect on …

We consider the external validity of laboratory measures of risk attitude. Based on a large-scale experiment using a … laboratory risky financial decisions, and (ii) behavior in naturally-occurring field behavior under risk (financial, health and … employment decisions). We find that measures of risk attitude are related to behavior in laboratory financial decisions and the …

We design an experiment to test the hypothesis that, in violation of Bayes Rule, some people respond more forcefully to … information, and control for risk attitude. We find that the strength-weight bias affects expectations, but that its magnitude is … incentive compatibility and controls for risk attitude considerably affect inferences on errors in expectations. …

attitudes towards ambiguity and compound risk which suggests that compound risk aversion may provide a psychological foundation … for ambiguity aversion. However, compound risk aversion and ambiguity aversion may also be independent psychological …’s ability to reduce compound to simple risks, and analyzing how this affects their compound risk and ambiguity attitudes in …