Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible
textbook treatment of the way decisions are made both when we have the statistical …

We often deal with uncertain events for which no probabilities are known. Several normative
models have been proposed. Descriptive studies have usually been qualitative, or they …

Emerging evidence suggests that hormonal contraceptives (HCs) impact psychological
outcomes through alterations in neurophysiology. In this review, we first introduce a …

The game theoretic perspective in auction bidding has provided a powerful normative
framework for the analysis of auctions and it has generated an impressive volume of …

Stocks with high uncertainty about risk, as measured by the volatility of expected volatility
(vol-of-vol), robustly underperform stocks with low uncertainty about risk by 8% per year …

This book aims to answer two questions that are fundamental to the study of agent-based
economic models: what is agent-based computational economics and why do we need …

On the trading floor, all action is based on news, therefore rumors in financial markets are an
everyday phenomenon. Rumors are the oldest mass medium in the world and their nature is …

The adverse impact of haze on health and its association with a range of economic
outcomes have received increasing attention in the literature. A natural laboratory …

We investigate gender differences and menstrual cycle effects in first-price and second-price
sealed-bid auctions with independent private values in a laboratory setting. We find that …

In an experiment using two-bidder first-price sealed-bid auctions with symmetric
independent private values and 400 participants, we collected information on the female …