Promoting household-level adaptation measures is an important part of climate change adaptation policies to reduce vulnerability to droughts for (agro-)pastoral communities in sub-Saharan Africa. To develop effective supportive policies, it is important to get a better understanding of the needs...

We propose and axiomatize a new model of incomplete preferences under uncertainty, which we call hope-and-prepare preferences. An act is considered more desirable than another when, and only when, both an optimistic evaluation, computed as the welfare level attained in a best-case scenario, and...

Understanding when and why nudges work is crucial for designing interventions that consistently and reliably change behaviour. This paper explores the relationship between decision-making speed and the effectiveness of two nudges – carbon footprint labelling and menu repositioning – aimed at...

We present a theory of context-dependent risk preferences under which within-state payoff comparisons and regret aversion shape decisions. Defining the attraction and compromise effect in reference to a state-space-based description of the choice problem, we show that our theory can account for...

We explore the role of memory for choice behavior in unfamiliar environments. Using a unique data set, we document that decision makers exhibit a "memory premium." They tend to choose in-memory alternatives over out-of-memory ones, even when the latter are objectively better. Consistent with...

Entrepreneurship is a crucial driver of economic growth, necessitating the development of effective entrepreneurial ecosystems. However, there are significant gaps in the literature regarding the structured assessment of these ecosystems. This study addresses three main research gaps: the lack...

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Rising poverty and social and political unrest are pushing increasing numbers of people towards criminal networks that facilitate unauthorised entry, transit or stay in the EU. This new CORDIS results pack features seven EU-funded projects that contribute to the fight against migrant smuggling.

Purpose - The study attempts to investigate the relationship between emotional biases (loss aversion bias, overconfidence bias, and regret aversion bias) and investment decisions through a meta-analysis approach. Design/methodology/approach - A meta-correlation analysis was done using sample...

Information about decision-makers' preferences is essential for the efficient modeling of a conflict. However, obtaining this information becomes more challenging as the size of the conflict increases. To address this issue, this study proposes a new approach to the option prioritizing method...

The current climate crisis was caused by our everyday, individual decision-making. People have the opportunity to decide between options that contain more or less greenhouse gases. This is particularly relevant for the travel industry which has historically been a major contributor to global...

This paper explores the relationship between decision-making speed and the effectiveness of two nudges - carbon footprint labelling and menu repositioning - aimed at encouraging climate-friendly food choices. Building on Kahneman's dual-process theory of decision-making, we examine whether these...

We investigate whether violations of canonical axioms of choice under risk are mistakes or a manifestation of true preferences. First, we elicit axiom and gamble preferences and then allow subjects to revise their potentially conflicting preferences. Among the behavioral patterns that allow for...