Attitudes toward risk underlie virtually every important economic decision an individual makes. In this experimental … preferences. The field experiment proceeded in three stages: a decision stage, an execution stage and a payout stage. At the … study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk …

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true … preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …