Investing and gambling share key features, in that both involve risk, the coming together of
two or more people, and both are voluntary activities. However, investing is generally a …

Loss aversion, the argument that losses are given more weight than gains, has been
recently shown to be absent in small losses. However, a series of studies by Mrkva et …

Objective: Despite the widespread use of harm prevention messages on gambling
advertising, it is unclear whether such messages achieve their goal of encouraging safer …

Are people less pro-social when sharing losses instead of gains? This paper reports the
findings of a meta-analysis of 33 studies with 114 estimates from ultimatum and dictator …

A new generation of mobile phone apps is making it easier than ever before to trade not only
on the stock market, but also on complex financial securities such as “options” and “contracts …

Financial literacy is a crucial skill for personal wealth management and economic well-
being. Hence, it is important to evaluate the impact of interventions aimed at increasing …

Using experimental data on choices between pairs of lotteries, we compare a new
parameterized Quantum Decision Theory (QDT) with Rank Dependent Utility Theory (RDU) …

Foreign investment is one of the driving forces of a country's economy. The global foreign
direct investment (FDI) flows in 2020 amounted to USD 1 trillion, but FDI distribution varies …

Some popular views about the workings of the economy are completely at odds with solid
empirical evidence and congruent theoretical explanations and therefore can be qualified as …

There is an ongoing debate in the literature about the existence and boundary conditions of
loss aversion. In a recent paper Brown et al.(2024) meta-analyzed the literature on empirical …