Much information security research focuses on policies firms could adopt to reduce or eliminate employees’ violation behavior. However, current information security policies are based on increasingly outmoded models of compliance behavior. This paper proposes a novel behavioral-based mechanism...

Previous studies have found that subjects with higher CRT scores usually make choices that are closer to Nash equilibrium. In this paper, we disentangle two potential explanations for this finding: it could be that high CRT subjects possess a higher reasoning level, or it could be that their...

We show that firms take more (but not necessarily excessive) risks when one of their directors experiences a corporate bankruptcy at another firm where they concurrently serve as a director. This increase in risk-taking is concentrated among firms where the director experiences a shorter,...

Economists have developed various methods to elicit risk preferences, which can help forecast decision-making in risky scenarios. However, risk elicitation can be complex, and there remain unresolved challenges. Our research demonstrates that repeated exposure to risk elicitation tasks, such as...

In this commentary, I offer some observations about the state of experimental management accounting research. I discuss the scope of management accounting research, the current focus of experimental management accounting research, and the need for management accounting research to take into...

Past studies typically have focused on whether people perceive more rare risk after experiencing catastrophic disasters. We show that people can also feel less risk with unexpected “lucky” disaster experience. By exploring a novel identification strategy based on households’ expectations,...