Do subjects separate (or are they sophisticated)?

DOI10.1007/S10683-005-1465-8zbMATH Open1137.91377OpenAlexW2064318775MaRDI QIDQ816760FDOQ816760

Authors John D. Hey, Jinkwon Lee

Publication date 23 February 2006

Published in Experimental Economics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10683-005-1465-8

zbMATH Keywords

strategiesrandom lottery incentive mechanismSelten's measure of predictive successseparation hypothesis

Mathematics Subject Classification ID

Social choice (91B14) Utility theory (91B16)

Recommendations

• On the validity of the random lottery incentive system
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Cites work

• "Preference Reversal" and the Observability of Preferences by Experimental Methods
• An application of Selten's measure of predictive success
• Dynamic decision-making under uncertainty: an experimental investigation of choices between accumulator gambles
• Investigating Generalizations of Expected Utility Theory Using Experimental Data
• On the validity of the random lottery incentive system
• Properties of a measure of predictive success
• The Borda Rule and Pareto Stability: A Comment
• The impact of incentives upon risky choice experiments

Cited in

(22)

• The effect of the background risk in a simple chance improving decision model
• Does changing the subject from A to B really provide an enlarged understanding of A?
• Ambiguous information and dilation: an experiment
• Noise and bias in eliciting preferences
• Does boundary distinguish complexities?
• The ratio bias phenomenon: fact or artifact?
• Individual and couple decision behavior under risk: evidence on the dynamics of power balance
• Statistical inference for measures of predictive success
• Incentive contracts when agents distort probabilities
• Revenue implications of strategic and external auction risk
• Does This Set of Clauses Overlap with at Least One MUS?
• Subject Evaluation in Social Experiments
• Naive, resolute or sophisticated? A study of dynamic decision making
• Afriat in the lab
• Social motives and risk-taking in investment decisions
• Social motives vs. social influence: an experiment on interdependent time preferences
• The descriptive and predictive adequacy of theories of decision making under uncertainty/ambiguity
• Eliciting ambiguity aversion in unknown and in compound lotteries: a smooth ambiguity model experimental study
• Reconsidering the common ratio effect: the roles of compound independence, reduction, and coalescing
• Are event-splitting effects actually boundary effects?
• Are bygones bygones?
• Preface

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