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Field
Trial Start Date
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Before
September 06, 2023
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After
September 11, 2023
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Field
Last Published
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Before
September 04, 2023 06:23 AM
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After
September 05, 2023 08:38 AM
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Field
Intervention Start Date
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Before
September 06, 2023
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After
September 11, 2023
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Field
Experimental Design (Public)
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Before
We identify each participant's willingness to pay for a product of a bankrupt firm. We measure how that willingness to pay changes when we exogenously introduce information about the bankrupt firm.
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After
We identify each participant's willingness to pay for a product of a bankrupt firm. We measure how that willingness to pay changes when we exogenously introduce information about the bankrupt firm. Our analysis will look similar to our earlier experiment related to the Hertz bankruptcy.
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Field
Planned Number of Clusters
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Before
We plan on having 900 participants. We exclude participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses. We will thus likely end up with fewer observations.
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After
We plan on having 900 participants. We exclude participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses. We will thus likely end up with fewer than 900 observations.
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Field
Planned Number of Observations
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Before
We expect to start with 900 participants. We exclude participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses. We will thus likely end up with fewer observations.
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After
We expect to start with 900 participants. We exclude participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses. We will thus likely end up with fewer than 900 observations.
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Field
Sample size (or number of clusters) by treatment arms
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Before
We will have three groups, two treatment groups and one control. One treatment group will be informed of the firm's bankruptcy status. The second treatment group will also be informed of the firm's bankruptcy status, but we will also add information about the firm's 363 sale. We aim to start with 300 in each group. However, due to the randomization process and dropping participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses, we will likely end up with fewer observations.
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After
We will have three groups, two treatment groups and one control. One treatment group will be informed of the firm's bankruptcy status. The second treatment group will also be informed of the firm's bankruptcy status, but we will also add information about the firm's debtor-in-possession financing loan. We aim to start with 300 in each group. However, due to the randomization process and dropping participants that fail comprehension checks or whose price-list responses indicate nonmonotonic responses, we will likely end up with fewer than 900 observations.
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