risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of … largely uncorrelated with decisions in other important life domains involving intertemporal trade-offs and risk …

risk and typically need to assume stability of these characteristics over time and across decision domains. We test the … reliability of two choice tasks for eliciting discount rates, risk aversion, and probability weighting and assess the stability of … largely uncorrelated with decisions in other important life domains involving intertemporal trade-offs and risk …

We experimentally test overconfidence in investment decisions by offering participants the possibility to substitute … their own for alternative investment choices. Overall, 149 subjects participated in two experiments, one with just one risky …

In this paper we investigate how the experience of stock market shocks, like the COVID-19 crash, influences risk taking … behavior. To isolate changes in risk taking from a variety of other confounding factors during stock market crashes, we ran … experiment were 12 percent lower in March 2020 than in December 2019, even though their future price expectations did not change …

We study intertemporal choices through an experiment that elicits a subject's plan and then tracks its implementation …

variable is the particular decision stage at which a global risk is resolved: (i) before the investment decision; (ii) after … the investment decision, but before the resolution of the decision risk; (iii) after the resolution of the decision risk … problem involves the presence of a “global risk,” that is, a chance of losing everything whichever safe or risky option is …

In this paper we relate individual risk attitude as elicited by binary lotteries and certainty equivalents to market … certainty equivalents are poorly correlated. Only lottery choices are related to market behavior: the higher the degree of risk … aversion the lower the observed market activity. Females are more risk averse than males according to binary lotteries, submit …