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Differences in ethical behavior between members of the upper and lower classes have been at the center of civic debates in recent years. In this article, we present a framework for understanding how class affects ethical standards and behaviors. We apply the framework using data from a large Dutch population sample. The data include objective measures of(More)
Attitudes toward risks are central to organizational decisions. These attitudes are commonly modeled by prospect theory. Construal level theory has been proposed as an alternative theory of risky choice, accounting for psychological distance deriving from temporal, spatial and social aspects of risk that are typical of agency situations. Unnoticed in the(More)
We report an experiment to consider the emotional correlates of prudent decision making. In the experiment, we present subjects with lotteries and measure their emotional response with facial recognition software. They then make binary choices between risky lotteries that distinguish prudent from imprudent individuals. They also perform tasks to measure(More)
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