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Last Published July 23, 2020 09:42 AM August 14, 2020 06:11 PM
Experimental Design (Public) Subjects make multiple choices between an ambiguous option (for which the probability of winning a prize is unknown) and an uncertain option (for which the probability of winning a prize is known). For each subject and prize level we vary the attractiveness of the uncertain option while keeping the ambiguous option fixed. Subjects make multiple choices between an ambiguous option (for which the probability of winning a prize is unknown) and an uncertain option (for which the probability of winning a prize is known). For each subject and prize level we vary the attractiveness of the uncertain option while keeping the ambiguous option fixed. We will run two robustness checks of the main design. One will have exactly the same design but will use a pool of workers with Amazon's "Masters" qualification. The other will present the same choices as the main design, but in a different layout/format.
Planned Number of Observations 1200 1200 for the main wave 100-125 per robustness wave
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