Abstract Racial reckoning in response to racial injustice has compelled individuals, organizations, and institutions acknowledge adopt policies that actively challenge injustice. A central tenet of this era is it no longer acceptable ignore racist behaviors expressions. To the extent active opposition prejudice an effective strategy for individuals pursue, we examine individual inclinations act...

Prospect theory, first described in a 1979 paper by Daniel Kahneman and Amos Tversky, is widely viewed as the best available description of how people evaluate risk in experimental settings. While the theory contains many remarkable insights, economists have found it challenging to apply these insights, and it is only recently that there has been real progress in doing so. In this paper, after ...