* 101 Results

The gender gap in risk-taking is often used to explain differences in labor market outcomes. Yet, a number of studies suggest that this gap is larger in private contexts and is reduced in professional contexts. In two online field experiments with...

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

Individuals often rely on simple heuristics when they face complex choice situations under uncertainty. Traditionally, it has been proposed that cognitive processes are the main driver to evaluate different choice options and finally to reach a...

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 is referred to as loss aversion. It is thought that the negativity bias in behavior is reflected in and potentially...