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sensitive to the risk of rejection did not sample more than others, let alone as much as people in lotteries. Raising the stakes … strongly increased sampling effort in lotteries but not in the social game. When evaluating risks based on outcomes alone … structure of social environments can enable decision makers to use cognitive tools to navigate uncertainty without needing to …
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I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity …
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In an information cascade experiment participants are confronted with artificial predecessors predicting in line with …
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that participants' styles of decision-making and risk aversion as well as the interaction of those can assist in predicting … losing assets for too long. We use an experiment with real real-options to study one possible behavioral motivation. Studies …
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