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This paper proposes a decision-theoretic framework for experiment design. We model experimenters as ambiguity-averse decision-makers, who make trade-offs between subjective expected performance and robustness. This framework accounts for experimenters' preference for randomization, and clarifies...
Persistent link: https://www.econbiz.de/10012946499
We leverage a large-scale incentivized survey eliciting behaviors from (almost) an entire university student population, a representative sample of the U.S. population, and Amazon Mechanical Turk (MTurk) to address concerns about the external validity of experiments with student participants....
Persistent link: https://www.econbiz.de/10012912665
We leverage a large-scale incentivized survey eliciting behaviors from (almost) an entire university student population, a representative sample of the U.S. population, and Amazon Mechanical Turk (MTurk) to address concerns about the external validity of experiments with student participants....
Persistent link: https://www.econbiz.de/10012915230
Persistent link: https://www.econbiz.de/10011474732
Persistent link: https://www.econbiz.de/10011919067
We introduce DOSE - Dynamically Optimized Sequential Experimentation - and use it to estimate individual-level loss aversion in a representative sample of the U.S. population (N = 2;000). DOSE elicitations are more accurate, more stable across time, and faster to administer than standard methods....
Persistent link: https://www.econbiz.de/10011906333
Persistent link: https://www.econbiz.de/10011893133
This paper proposes a decision-theoretic framework for experiment design. We model experimenters as ambiguity-averse decision-makers, who make trade-offs between subjective expected performance and robustness. This framework accounts for experimenters' preference for randomization, and clarifies...
Persistent link: https://www.econbiz.de/10011735910
Persistent link: https://www.econbiz.de/10011744083
Persistent link: https://www.econbiz.de/10011638906