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Paying a fixed amount of money to participants in choice-based conjoint (CBC) studies is the industry standard. Recently, Ding (2007) has shown that a lottery incentive scheme outperformed a fixed fee incentive scheme when predicting out-of-sample choices. We achieve two research goals in the...
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financial decision? A laboratory experiment investigates the way external information is integrated into the decision making …
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information is potentially erroneous. In our laboratory experiment, subjects purchase products associated with co …
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information is potentially erroneous. In our laboratory experiment, subjects purchase products associated with co …
Persistent link: https://www.econbiz.de/10012437558
the most mass on this belief, followed by BDM and BSR. We also find that incentives increase accuracy for less … the difficulty of comprehending the task and how well incentives induce cognitive effort (thereby inducing subjects to …
Persistent link: https://www.econbiz.de/10012415922
Diese Dissertation setzt sich mit dem Informationsverhalten von Parlamentarierinnen und Parlamentariern auseinander … es relevante Publikationen über das Informationsverhalten von Politikerinnen und Politikern mit dem Ziel analysiert … vorantreibt. Artikel 3 entwickelt einen alternativen Erklärungsansatz für das Informationsverhalten von Politikerinnen und …
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of unknown goods will find it optimal at some point to become variety averse. To test this hypothesis, an experiment is … rationality ; decision making ; laboratory experiment. …
Persistent link: https://www.econbiz.de/10008991845