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

In prosocial decisions, decision-makers are inherently uncertain about how their decisions impact others’ utility – we …

risk. Furthermore, we determine whether subjects are averse to collective risk - the variability in the sum of payoffs of … the other. The first presentation draws attention to inequality in payoffs, the second to collective risk. We find that … risk changes choice only marginally and not significantly, though in the direction of collective risk reduction. We …

effect of the expected cost of punishment of an individual's decision to engage in a proscribed activity and the effect of … uncertainty on an individual's decision to commit a violation are very difficult to observe in field data. We use a roadway … behavioral theory of deterrence under uncertainty …

is not recognized. -- information cascade ; Bayes' Rule ; decision under risk and uncertainty ; experimental economics …

Social lotteries are lotteries that are played along with someone else. The experimental literature indicates that risk …. We consider whether showing own payoff as a share of the total payoff changes risk preferences. Showing total payoffs … explicitly draws attention to risk at the level of the pair and may thus moderate dislike for negatively correlated lotteries, as …

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