We investigated the effect of large changes in financial incentives on the process of decision-making by measuring … process of decision-making under risk … increased risk aversion and physiological arousal, and by shifts in attention toward safer alternatives. These effects were …

Clinical depression has significant influence on an individual's behavior and decision making. This study examines how … depression affects the economic decision making of individuals with clinical depression, looking specifically at time preference … (subjective discount rate), attitude toward risk, and economic conduct. For this purpose, structured questionnaires were …

In confidence theory, the decision maker relies on statistical regularities from the economic environment to adopt … formation in choice under risk. Three novel experiments are presented that demonstrate the ability of the new theory to explain … prior in Bayesian inference is proportional to the uncertainty related to its distribution, the decision maker arrives at …