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Last Published September 07, 2024 11:13 PM September 30, 2024 05:15 PM
Intervention Start Date June 03, 2024 October 01, 2024
Experimental Design (Public) We recruit 300 loan underwriters/officers and other participants to make loan application decisions. We recruit 150 loan underwriters/officers, and other participants to make loan application decisions.
Planned Number of Clusters 300 individuals. 150 loan underwriters.
Planned Number of Observations We will aim to recruit 300 subjects. We will filter out subjects in our analysis based on attention and time checks. We will aim to recruit 150 subjects. We will filter out subjects in our analysis based on attention and time checks.
Sample size (or number of clusters) by treatment arms 300 in each arm. Each subject will see every treatment arm in randomised order. 150 in each arm. Each subject will see every treatment arm in randomised order.
Power calculation: Minimum Detectable Effect Size for Main Outcomes See PAP.
Intervention (Hidden) In a cross-randomised design, we vary: (i) the type of AI signal that is shown {binary, probability, none}, with sub-treatments varying the thresholds at which the binary signals are shown, and (ii) whether or not participants are put through "loan underwriter training". [we omit this latter treatment for those who are already experienced loan underwriters]. We also vary at a question-level (i) whether the AI signal or real loan application is shown first, and (ii) whether the human posterior is elicited after seeing just the loan application. In a cross-randomised design, we vary the type of AI signal that is shown {binary, probability, none}, with sub-treatments varying the thresholds at which the binary signals are shown, and (ii) potentially, whether or not participants are put through "loan underwriter training". [we omit this latter treatment for those who are already experienced loan underwriters]. We also vary at a question-level (i) whether the AI signal or real loan application is shown first, and (ii) whether the human posterior is elicited after seeing just the loan application. See the pre-analysis plan for more info.
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