Publié le 21 octobre 2021
–
Mis à jour le 17 septembre 2025
Date(s)
le 3 octobre 2025
Lieu(x)
Campus Saint Jean d'Angely
11h-13h
Salle du Conseil - EUR ELMI -
Salle du Conseil - EUR ELMI -
ELMI
Title: Experimental Evaluation of Random Incentive System under Ambiguity
Abstract: The random incentive system (RIS) is a standard incentive scheme used to elicit preferences in economic experiments. However, it has been shown that RIS may distort observed preferences. We examine the performance of RIS under ambiguity with two sets of experiments, our own and another replicating the main treatments of Baillon et al. (2022a). Contrary to Baillon et al. (2022a), who report a significantly lower proportion of participants revealing strict ambiguity aversion in the treatment with RIS than the one without, we do not find such evidence either in our own or in replication of Baillon et al. (2022a).
Abstract: The random incentive system (RIS) is a standard incentive scheme used to elicit preferences in economic experiments. However, it has been shown that RIS may distort observed preferences. We examine the performance of RIS under ambiguity with two sets of experiments, our own and another replicating the main treatments of Baillon et al. (2022a). Contrary to Baillon et al. (2022a), who report a significantly lower proportion of participants revealing strict ambiguity aversion in the treatment with RIS than the one without, we do not find such evidence either in our own or in replication of Baillon et al. (2022a).
Date(s)
Le
3 octobre 2025 11:00
- 13:00