We demonstrate how the standard usage of the random incentive system in ambiguity experiments is not incentive compatible if the decision maker is ambiguity averse. We propose a slight modification of the procedure in which the randomization takes place before decisions are made and the state is...

We evaluate Andreoni and Sprenger's (2012) data on choices made from Convex Time Budgets (CTB) for external consistency with the Weak Axiom of Revealed Preference (WARP) relative to the pairwise choice benchmark, and for internal consistency with respect to demand, wealth and impatience...