A study of hundreds of penalty shootouts at international soccer tourna­ments reveals that goalkeepers tend to dive the opposite way...

The Kiel Canal in Germany connects ports on the Baltic Sea with the rest of the world and is the most-used artificial waterway in the...

While reports state that consumers are increasingly willing to consume more sustainably, no study has considered how the activation of...

Over the last decades, research in behavioural economics has demonstrated that individual welfare (utility), as relevant for economic...

It has been observed that in a variety of tasks, losses have a larger impact on behavior than do gains of equal size. This phenomenon...

Kiel Policy Brief No. 18: This paper focuses on the legal monopoly for sporting bets in Germany. ...

Kiel Policy Brief No. 44: The increasing black market motivated the discussion of a new regulation of the gambling market in Germany. ...

This study examines structural differences in the subjective quality of health care in Germany using a newspaper survey. We find that...

Most simulated micro-founded macro models use solely consumer-demand aggregates in order to estimate preference parameters of a...

Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk...

This paper analyzes whether social comparison can explain the low take-up of disaster insurance usually reported in field studies. We...

This paper complements evidence on the Allais paradox from advanced countries and educated people by a novel investigation in a poor...

Standard economic theory assumes that individual risk taking decisions are independent from the social context. Recent experimental...

This paper studies the impact of different outcome correlation structures on gender differences in ambiguity aversion. We conducted an...

This paper investigates the relationship between market overconfidence and occurrence of stock-price bubbles. Sixty participants...

We use a controlled experiment to analyze gender differences in risk preferences and stereotypes about risk preferences of men and...