Experimental Evaluation of Random Incentive System under Ambiguity

• 資料種別: 文書・図像類
• タイトル: Experimental Evaluation of Random Incentive System under Ambiguity
• 著者・編者: Aoyama, Tomohito; Hanaki, Nobuyuki
• 著者標目: Aoyama, Tomohito; Hanaki, Nobuyuki; https://nrid.nii.ac.jp/nrid/1000070400611
• 出版事項: The Institute of Social and Economic Research, Osaka University
• 出版年月日等: 2024-03
• 出版年（W3CDTF）: 2024-03
• タイトル（掲載誌）: Institute of Social and Economic Research Discussion Papers
• 巻号年月日等（掲載誌）: 1236
• 掲載巻: 1236
• 掲載ページ: 1-33
• ISSN（掲載誌）: PISSN : 0473453X; EISSN : 24350982
• 本文の言語コード: eng
• 件名標目: Random incentive system; Incentive compatibility; Ambiguity; Prince
• 対象利用者: 一般
• 一般注記: The random incentive system (RIS) is a standard incentive scheme used to elicit preferences in economic experiments. However, it has been speculated that RIS may not be incentive compatible when participants are concerned about ambiguity, i.e., that the choices observed under RIS do not reflect the underlying preferences. To examine the performance of RIS under ambiguity, we conducted three experiments online and in a laboratory. The results of the experiments uggest that RIS is incentive compatible. We argue that presenting choice situations in isolation may improve the incentive compatibility of RIS. We also argue that using RIS, together with an experimental guideline called Prince, may reduce the observed ambiguity aversion.
• 参照（URI）: https://www.iser.osaka-u.ac.jp/library/dp/2024/DP1236.pdf; URI
• 連携機関・データベース: 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）; https://irdb.nii.ac.jp
• 提供元機関・データベース: 大阪大学 : 大阪大学学術情報庫 桜華