Correlation preferences

Last registered on August 30, 2023
View Trial History

Pre-Trial

Trial Information

General Information

Title
Correlation preferences
RCT ID
AEARCTR-0010279
Initial registration date
December 11, 2022

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published
January 03, 2023, 4:34 PM EST

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Last updated
August 30, 2023, 10:01 AM EDT

Last updated is the most recent time when changes to the trial's registration were published.

Locations

Country
China
Region
Beijing

Primary Investigator

Name
Moritz Loewenfeld
Affiliation
Toulouse School of Economics
Contact Primary Investigator

Other Primary Investigator(s)

PI Name
Jiakun Zheng
PI Affiliation
Renmin University of China
Contact Investigator

Additional Trial Information

Status
Completed
Start date
2022-12-12
End date
2022-12-31
Keywords
Behavior, Lab
Additional Keywords
Risk Taking, Salience Theory, Regret Theory, Correlation sensitive preferences
JEL code(s)
D81
Secondary IDs
Prior work
This trial does not extend or rely on any prior RCTs.
Abstract
We test for correlation sensitive preferences and extent results of Loewenfeld and Zheng (2022). We disentangle correlation sensitivity that might arise due preferences that are sensitive to the correlation of payoffs across states from correlation sensitivity in choices that might arise due to comparing payoffs that are displayed in the same column.
External Link(s)

Registration Citation

Citation
Loewenfeld, Moritz and Jiakun Zheng. 2023. "Correlation preferences." AEA RCT Registry. August 30. https://doi.org/10.1257/rct.10279-1.1
Sponsors & Partners
Experimental Details

Interventions

Intervention(s)
For details, see the file "design_pap.pdf"
Intervention Start Date
2022-12-12
Intervention End Date
2022-12-31

Primary Outcomes

Primary Outcomes (end points)
Lottery choices.
For details, see the file "design_pap.pdf"
Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
For details, see the file "design_pap.pdf"
Experimental Design Details
Randomization Method
By computer.
Randomization Unit
Participant.
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
450 participants, after excluding participants failing attention checks. See the file "design_pap.pdf"
Sample size: planned number of observations
29 binary lottery choices for each participant.
Sample size (or number of clusters) by treatment arms
150 subjects in each of 3 treatments.
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Supporting Documents and Materials
IRB

Institutional Review Boards (IRBs)

IRB Name
Lab of National Governance and Development, Renmin University of China
IRB Approval Date
2022-06-01
IRB Approval Number
RUCecon-202206-1
Analysis Plan

Analysis Plan Documents

design_pap

MD5: 36960ebcec482074e42cc87c50112efe

SHA1: 1aa35741bf8b3132e47a316712860e91922a3e43

Uploaded At: December 11, 2022

Post-Trial

Post Trial Information

Study Withdrawal

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Intervention

Is the intervention completed?
No
Data Collection Complete
Data Publication

Data Publication

Is public data available?
No

Program Files

Program Files
Reports, Papers & Other Materials

Relevant Paper(s)

Reports & Other Materials