We use a within-subjects experiment with math and word tasks to show that feedback about relative performance moves …

: a laboratory experiment, a field study, and a large US supermarket chain, to study the cognitive underpinning and the …

operate remains limited. To better understand these biases I conduct an experiment examining beliefs about binary events with … financial stakes. By varying financial prizes in outcomes, as well as incentive payments for accuracy, the experiment is able to …

their work by first recommending an existing stochastic dominance test to handle the issue and thereafter developing a new … test for the ASD which could detect dominance for any pre-determined small value. We also provide two approaches to obtain … the critical values for our proposed test. …

-premium and low risk-free rate puzzles with a low risk-aversion coefficient, but also provides a unified framework for …

and DRD4) are significant determinants of risk taking in investment decisions. We find that the 5-HTTLPR s/s allele … carriers take 28% less risk than those carrying the s/l or l/l alleles of the gene. DRD4 7-repeat allele carriers take 25% more … risk than individuals without the 7-repeat allele. These findings contribute to the emerging literature on the genetic …

When investment is repeated, previous outcomes (winning/losing) as well as the current budget level (gain/loss domain … experiments initially conducted to investigate myopic-loss-aversion. We observe that investment is related to the number of … analysis is extended to settings with restricted flexibility concerning investment. …