just obeying and, hence, to be irrational. In this paper we offer a different approach which postulates rationality of all …

This paper provides a theoretical analysis regarding the rationality of suicide attacks from an economist’s point of … agent might decide to become a suicide bomber – or to announce the attack and defect later. The paper shows why the decision … psychological concepts of cognitive dissonance and terror management theory into our economic analysis, we demonstrate why …

experiment. To identify the causes of risk taking by groups, we compare individual to group decisions in three scenarios. The … in 100% of the cases where outstanding individuals are risk averse, while group polarization appears to be more likely … towards outstanding risk loving subjects. Intra-group payoff conflict shifts these likelihoods, supporting the importance of …

In our laboratory experiment, subjects, in sequence, have to predict the value of a good. The second subject in the … another experiment, we directly test the LRTU model and find support for it. …

, individual risk aversion has no effect on the decision to punish or reward. This is good news for lab experiments who abstract …We conduct a prisoner’s dilemma experiment with a punishment/reward stage, where punishments and rewards are risky …. This is compared with a risk free treatment. We find that subjects do not change their behavior in the face of risky …

are asymptotically equivalent. We illustrate the implications of this new theory with a simple simulation, an application …

risk, stochastic choice, and ex-ante fairness considerations. The method is particularly suitable for data collected in a … laboratory experiment. …

Fiktion notwendig ist, aber eine Fiktion bleibt. Aber was heisst es für die (ökonomische) Theorie der Zukunftsentscheidungen …