Harrison, Glenn W.; Martínez-Correa, Jimmy; Swarthout, … - In: Journal of Economic Behavior & Organization 94 (2013) C, pp. 145-159
We evaluate the binary lottery procedure for inducing risk neutral behavior. We strip the experimental implementation down to bare bones, taking care to avoid any potentially confounding assumptions about behavior having to be made. In particular, our evaluation does not rely on the assumed...