Do subjects separate (or are they sophisticated)?

Experimental Economics

Volumn 8, Issue 3, 2005, Pages 233-265

  Hey, John D ^a,b   Lee, Jinkwon ^a  

^a UNIVERSITY OF YORK   (United Kingdom)

^b UNIVERSITY OF BARI   (Italy)

Author keywords

Random lottery incentive mechanism; Selten's measure of predictive success; Separation hypothesis; Strategies

Indexed keywords

EID: 24144484909     PISSN: 13864157     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10683-005-1465-8     Document Type: Article

References (15)

1. Beattie, J. and Loomes, G. (1997). "The Impact of Incentives Upon Risky Choice Experiments." Journal of Risk and Uncertainty. 14, 149-162.
2. Camerer, C.F. (1989). "An Experimental Test of Several Generalized Utility Theories." Journal of Risk and Uncertainty. 2, 61-104.
3. Cubitt, R., Starmer, C., and Sugden, R. (1998). "On the Validity of the Random Lottery Incentive Mechanism." Experimental Economics. 1, 115-132.
4. Cubitt, R.P. and Sugden, R. (2001). "Dynamic Decision-Making Under Uncertainty: An Experimental Investigation of Choices Between Accumulator Gambles." Journal of Risk and Uncertainty. 22, 103-128.
5. Farkas, D. and Nitzan, S. (1979). "The Borda Rule and Pareto Stability: A Comment." Econometrica. 47, 1305-1306.
6. Hey, J.D. (1997). "Experiments and the Economics of Individual Decision Making." In D.M. Kreps and K.F. Wallis (eds.), Advances in Economics and Econometrics. Cambridge: University Press, pp. 171-205.
7. Hey, J.D. (1998). "An Application of Selten's Measure of Predictive Success." Mathematical Social Sciences. 35, 1-16.
8. Hey, J.D. and Lee, J. (2005). "Do Subjects Remember the Past?" Applied Economics. 37, 9-18.
9. Hey, J.D. and Orme C.D. (1994). "Investigating Generalisations of Expected Utility Theory Using Experimental Data." Econometrica. 62, 1291-1326.
10. Holt, C.A. (1986). "Preference Reversals and the Independence Axiom." American Economic Review. 76, 508-515.
11. Karni, E. and Safra, Z. (1987). '"Preference Reversal' and the Observability of Preferences by Experimental Methods." Econometrica. 55, 675-685.
12. Laury, S.K. (2002). Pay One or Pay All: Random Selection of One Choice for Payment." mimeo.
13. Selten, R. (1991). "Properties of a Measure of Predictive Success." Mathematical Social Sciences. 21, 153-167.
14. Stormer, C. and Sugden, R. (1991). "Does the Random-Lottery Incentive System Elicit True Preferences." American Economic Review. 81, 971-979.
15. Tversky, A. and Kahneman, D. (1990). "The Causes of Preference Reversals." American Economic Review. 80, 204-217.