Investor behavior in the investment decision making is something dynamic, since the behavior is influenced by the … the decision making of investment, i.e. Expected Utility Theory (Neumann and Morgenstern, 1955), Prospect Theory (Kahneman … other things experience and understanding or knowledge to determine the satisfaction to make decision in investment. The …

-based questionnaire before the experiment and participants' preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …This experimental study is concerned with the impact of the timing of the resolution of risk on people's willingness to …

not captured by existing models. -- investment decision ; delayed resolution of risk ; emotions ; experiment …-based questionnaire before the experiment and participants' preferences for resolution timing, risk, and time were incentive compatibly … measured during the experiment. Main findings are that delayed resolution can affect investment, that the effect depends on the …

, risk-neutral stopping rule. Such behavior could be generated by two different classes of decision rules: rules that are … optimal conditional on utility functions departing from risk neutrality, or heuristics derived from limited cognitive … processing capacities and satisfycing. To discriminate among these two possibilities, we conduct an experiment that consists of a …

Although early risk aversion experiments were designed to detect subject confusion, many recent studies are not, and … distribution of risk aversion in one AER study is statistically indistinguishable from that of confused subjects making choices at … responses imply extremely high levels of risk-loving behavior. Researchers should design to detect confusion, and journals …

Companies are increasingly adopting Artificial Intelligence (AI) today. Recently however debates started over the risk … incipient and focuses on observable biases. We provide a short synthesis of cognitive biases and their potential risk of being … replicated in AI-based choice prediction. We also discuss for the first time the risk of unobservable biases, which affect choice …

of risk preferences under responsibility. In addition, we also find that responsibility reduces loss aversion according …

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. …