We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … 70% of axiom violations are intentional whereas only 30% are mistakes. On the subject level we can clearly categorize … almost half of our subjects. Among those, roughly 24% are rational expected utility maximizers, 24% make occasional mistakes …

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … 70% of axiom viola-tions are intentional whereas only 30% are mistakes. On the subject level we can clearly categorize … almost half of our subjects. Among those, roughly 24%are rational expected utility maximizers, 24% make occasional mistakes …

which the decision maker has to make some effort in order to avoid mistakes when implementing any desired outcome. The …

leads to random mistakes, while complexity in costs leads to a specific mistake: choosing a high-benefit loan, with very …

organizational learning. The empirical study illustrates a social fantasy concerning the fear of mistakes and its consequences. This … fantasy is sustained through blaming and punishing the people who make mistakes, and through feelings of internalised …