People often make decisions with both descriptive and experiential information available. However, little is known about the role of experience in individual economic decisions with the presence of descriptions. The present paper investigates this issue using an experiment with asset buying...

Previous experiences significantly influence subsequent behavior. However, little is known about how experiences from ambiguous situations shape decision makers' subsequent ambiguity attitudes. We investigate this experimentally in an investment task that involves assets characterized by...

We conducted controlled laboratory experiments to investigate how humans adapt the decision rule (DR) they use in repeated strategic interactions in light of new information becoming available. We do so by providing -- along different paths -- more and more information over time, so as to...

This study investigates the mechanisms affecting sleep choice and explores whether commitment devices and monetary incentives can be used to promote healthier sleep habits. To this end, we conducted a field experiment with college students, providing them incentives to sleep and collecting data...