Behavioral Time Allocation Decisions

Last registered on June 04, 2021
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Pre-Trial

Trial Information

General Information

Title
Behavioral Time Allocation Decisions
RCT ID
AEARCTR-0007748
Initial registration date
May 31, 2021

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
June 01, 2021, 10:28 AM EDT

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

Last updated
June 04, 2021, 2:39 AM EDT

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

Locations

Country
Germany
Region

Primary Investigator

Name
Niklas Witzig
Affiliation
JGU Mainz
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Other Primary Investigator(s)

PI Name
Alexander Dzionara
PI Affiliation
Contact Investigator

Additional Trial Information

Status
In development
Start date
2021-06-01
End date
2021-08-31
Keywords
Behavior, Lab, Other
Additional Keywords
Time allocation, beliefs, certainty equivalents, visual search
JEL code(s)
C91, D01, D83, D90, D91
Secondary IDs
Abstract
In a laboratory experiment, we design a visual search task to study the association between i. Belief formation ii. Uncertainty attitudes and time allocation decisions in our task.
External Link(s)

Registration Citation

Citation
Dzionara, Alexander and Niklas Witzig. 2021. "Behavioral Time Allocation Decisions." AEA RCT Registry. June 04. https://doi.org/10.1257/rct.7748-1.1
Sponsors & Partners
Experimental Details

Interventions

Intervention(s)
Intervention Start Date
2021-06-01
Intervention End Date
2021-08-31

Primary Outcomes

Primary Outcomes (end points)
Endogenous time allocation decisions, see attached PDF for further details
Primary Outcomes (explanation)
In our experiment, subjects need to decide how much time to allocate to solving variants of our task, given a specific cost of time. We elicit this decisions for two types of time allocation decisions: prospectively planned decision time as well as actually used decision time to identify the solution in our task.

Secondary Outcomes

Secondary Outcomes (end points)
Secondary Outcomes (explanation)

Experimental Design

Experimental Design
We measure time allocation decisions and link it to behavioral factors such as belief formation and probability weighting.
Experimental Design Details
Randomization Method
Computer
Randomization Unit
Individual
Was the treatment clustered?
No

Experiment Characteristics

Sample size: planned number of clusters
N/A
Sample size: planned number of observations
90 Individuals
Sample size (or number of clusters) by treatment arms
90 Individuals in Baseline (see attached PDF document)
Minimum detectable effect size for main outcomes (accounting for sample design and clustering)
Supporting Documents and Materials

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IRB

Institutional Review Boards (IRBs)

IRB Name
Gemeinsame Ethikkommission Wirtschaftswissenschaften der Goethe-Universität Frankfurt und der Johannes Gutenberg-Universität Mainz
IRB Approval Date
2020-11-30
IRB Approval Number
N/A
Analysis Plan

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