soleindex of risk attitude. (Cumulative) Prospect theory (CPT) has demonstrated vari-ous empirical deficiencies of EU and …Economics and management science share the tradition of ordering risk aversionby fitting the best expected utility (EU … introduced the weighting of probabilities as anadditional component to capture risk attitude. However, if utility curvature and …

In a large-scale laboratory experiment, we investigate whether subjects’ scores on the cognitivereflection test (CRT …

In the framework of expected utility theory, risk attitudes are entirely capturedby the curvature of the utility … function. In cumulative prospect theory (CPT) riskattitudes have an additional dimension: the weighting of probabilities. With … thismodication, one question arises naturally: since both utility and probability weight-ing determine the attitude towards risk …

This paper reports results of an experiment designed to analyze the link between riskydecisions made by couples and … risky decisions made separately by each spouse. We estimateboth the spouses and the couples’ degrees of risk aversion and we … assess how the risk preferencesof the two spouses aggregate when they make risky decisions. This enables us to investigatethe …

derived from evolutionary psychology and social role theory, we find that (1) gender per se has no significant effect on …

individual payoffs, is a potentially competing concern in games such as the prisoners' dilemma. In our experiment participants …

In a large scale newspaper experiment 5,132 readers of the German weekly, Die Zeit, participated in a three … experiment. Furthermore, student behavior is not different from non-student behavior when the same age group is considered …