Elicitation using multiple price list formats

DOI10.1007/s10683-006-7055-6zbMath1151.91398OpenAlexW2070284244MaRDI QIDQ862850

Steffen Andersen, E. Elisabet Rutström, Glenn W. Harrison, Morten Igel Lau

Publication date: 24 January 2007

Published in: Experimental Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10683-006-7055-6

zbMATH Keywords

ExperimentsRisk aversionDiscount ratesElicitation

Mathematics Subject Classification ID

Decision theory (91B06) Microeconomic theory (price theory and economic markets) (91B24) Individual preferences (91B08)

Related Items (18)

Learning from mistakes: What do inconsistent choices over risk tell us? ⋮ Lottery- and survey-based risk attitudes linked through a multichoice elicitation task ⋮ Consistency of determined risk attitudes and probability weightings across different elicitation methods ⋮ `Give me a chance!' An experiment in social decision under risk ⋮ Social motives vs. social influence: an experiment on interdependent time preferences ⋮ Testing negative value of information and ambiguity aversion ⋮ Bounding preference parameters under different assumptions about beliefs: a partial identification approach ⋮ Risk aversion elicitation: reconciling tractability and bias minimization ⋮ Eliciting risk preferences using choice lists ⋮ The role of intuition and reasoning in driving aversion to risk and ambiguity ⋮ Belief updating and the demand for information ⋮ Elections under biased candidate endorsements -- an experimental study ⋮ Measuring risk aversion with lists: a new bias ⋮ Recursive expected utility and the separation of attitudes towards risk and ambiguity: An experimental study ⋮ Fairness and risk in ultimatum bargaining ⋮ Changing the probability versus changing the reward ⋮ Incomplete preferences, willingness to pay, and willingness to accept ⋮ Are individuals more risk and ambiguity averse in a group environment or alone? Results from an experimental study

Cites Work

• Experimental methods and elicitation of values
• Eliciting individual discount rates
• Home-grown values and incentive compatible auction design
• Small- and large-stakes risk aversion: Implications of concavity calibration for decision theory

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