I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …

is not recognized. -- information cascade ; Bayes' Rule ; decision under risk and uncertainty ; experimental economics …In an information cascade experiment participants are confronted with artificial predecessors predicting in line with …

experiments than in real life. We modify standard risky choice protocols by making participants earn their money at risk by … completing manual tasks such as peeling potatoes. This leads to less risk-taking and to choices more consistent with those online … survey respondents anticipate making with their own money. When realistic levels of risk aversion are important, experiments …

A continuing goal of experiments is to understand risky decisions when the decisions are important. Often a decision …

In an experts-assisted decision making paradigm, the information collection design becomes a strategic variable under a … weak assumption that the final decision is dependent on the design used to collect information as well. As a result, the … same information of the experts and the decision maker about the problem can potentially produce different final decisions …

We study how changes to the informativeness of signals in Bayesian games and single-agent decision problems affect the …