language may influence risk perception and investment behavior, no study has explored the causal effects of linguistic … investment decisions is amplified by risk perception. Investor characteristics that significantly affect their risk perception … uncertainty on financial decision-makers. We address this research gap by presenting a controlled laboratory experiment exposing …

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

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 …

This paper analyzes gender differences in the disposition effect in an experiment based on Weber and Camerer (1998 …

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 …

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 …

We study reputational herding in financial markets in a laboratory experiment. In the spirit of Dasgupta and Prat (2008 … employers. Employers can observe investment behavior, but not investors' ability types. Thereby, reputational incentives may …

irreversible investment. Subjects had the option to trade a safe endowment for a claim on the sum of future realizations from a … initially bet on the state of the world to obtain the high drift, subjects in the treatment group seize the investment at …

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a … common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately …

We report an experiment examining risk taking and information aggregation in groups. Group members come to the table … with an individual preference for a choice under risk, based on privately received information, and can share this … information with fellow group members. They then make a decision under risk on behalf of the group using a random dictatorship …