“...Theories (and experiments) on decision making under risk typically ignore (and exclude) a social context. We explore whether this omission is detrimental. To...”

“...We use a laboratory experiment to investigate a novel reason for the lack of empirical support for the Hotelling rule for nonrenewable resources. Specifically,...”

“...This paper focuses on the tendency of stock prices to cluster at round numbers (like 10, 20, 30, etc. and to a lesser extent 5, 15, 25, etc.) and the related...”

“...We investigate expectation formation in a controlled experimental environment. Subjects are asked to predict the price in a standard asset pricing model. They...”

“...Proper scoring rules provide convenient and highly efficient tools for incentive-compatible elicitations of subjective beliefs. As traditionally used, however,...”

“...Commodity price cycles can arise when there is a tendency to invest more (less) when current prices are high (low). Traditionally this behavior is interpreted...”

“...One of the main findings of a large body of gift exchange experiments is that a considerable fraction of workers reward higher wages with higher effort. These...”

“...•We compare decision making by individuals and teams.•The task is judicial: evaluate and combine probabilistic evidence to reach verdicts in a criminal...”

“...In repeated number guessing games choices typically converge quickly to the Nash equilibrium. In positive expectations feedback experiments, however,...”

“...In criminal cases, the task of the judge is foremost to transform the uncertainty about the facts into the certainty of the verdict. An extensive literature...”