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Field
Sample size (or number of clusters) by treatment arms
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Before
200 subjects in the baseline treatment, 100 subjects in a treatment with a different data generating process, 100 subjects in a treatment where subjects answer the inference question and extrapolation question sequentially, 130 subjects in treatments with two performance indices
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After
200 subjects in the baseline treatment, 140 subjects in a treatment with binary signals, 100 subjects in a treatment where subjects answer the inference question and extrapolation question sequentially, 100 subjects in treatments with two performance indices
To explore the role of the conceptual distance between the updating question and the information provided, we will run two more treatments. One treatment (60 subjects) make explicit the equivalence between high quality and good performance. The other treatment (60 subjects) uses similar words to frame the firm quality and the firm performance.
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