A donation may have ambiguous costs or ambiguous benefits. Behavior in a laboratory experiment suggests that … excuse-driven behavior is comparable under ambiguity and under risk. Individuals exploit any type of uncertainty as an excuse …

In addition to discrimination, market power, and human capital, gender differences in risk preferences might also … in any given period. Subjects were informed of the exogenous risk premium being offered for the risky job. Women were … gap in the experiments. That women were more risk averse than men was also manifest in the Pratt-Arrow Constant Absolute …

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 …

Using a unique field experiment from Canada, we estimate individual preference over risk and time and show considerable … power (transportability) of the estimated preference parameters when used to explain the take-up decision of higher … preferences. We find that both long-run discount factors and subjective payment failure risk parameters have a high degree of …

endowment effect experiment by eliciting both WTA and WTP from each of our 360 subjects (randomly selected customers of a car …

take risk as measured by the general risk question. We demonstrate that this disposition, which we call risk conception, is … strongly associated with optimism, a stable facet of personality and that it predicts real-life risk taking. The general risk … question captures this disposition alongside pure risk preference. This enlightens why the general risk question is a better …

risk preferences. Here, we develop an analogous tool for choice under uncertainty – the ambiguity triangle – and show that … characterize this heterogeneity with finite-mixture estimates of a one-parameter extension of Expected Utility Theory wherein 48 …

This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes … truncation of the data, allows to precisely estimate both risk aversion and risk seeking, and is not affected by the degree of … loss aversion or by violations of the Reduction Axiom. We validate the task and test its robustness in a large …

Gender differences in risk attitudes are frequently observed, although recent literature has shown that they are … experimentally whether the presence of a safe option among the set of alternatives explains why females are more risk averse than … males. We manipulate three widely used risk elicitation methods finding that the availability of a safe option causally …

decision problem and to update beliefs about success. In the experiment, subjects face the choice between a competition game … experiment. We investigate whether information provision attracts mainly high productivity individuals and reduces competition …