課題:2つの実験の違いを考える
ランダム支払いと誘因整合性
今井 (2018) Ch. 3.4 標本調査
課題:リスク態度のヒストグラムを描く
Masuda and Lee (2019)
課題:被験者間検定
モファット (2018) Ch.3.3.3
スタンダード・シーケンス法* (Google form?)
JH Ch. 7.4.5 (differs from Wakker, 2010 p.56 which works under EU)
今井 (2018) Ch. 6 とくに確率分布 、Ch. 7 とくに仮説検定(Rコマンドは飛ばし読みしてよい)
Mean-Variance Utility
Ottaviani and Sørensen (2007) The Favorite-Longshot Bias: An Overview of the Main Explanations
今井 (2018) Ch. 6 練習問題 6.6.2 F-L バイアス in 大統領選'12 →課題(データ分析)
確実性効果(Google form)と被験者内検定 →課題(データ分析)
クレプス MBAのためのミクロ経済学Part2 Ch. 1 Carry-over
Bomb Risk Elicitation Task https://paolocrosetto.wordpress.com/2012/05/30/bret/
Eckel and Grossman task (participation only)
St. Petersburg Carry-over
Holt (2018) Ch.3.5 Bomb Task
**Eckel, C. C., & Grossman, P. J. (2008a). Forecasting risk attitudes: An experimental study using actual and forecast gamble choices. Journal of Economic Behavior & Organization, 68(1), 1–17.
確実性効果と被験者内検定 (当日までの宿題)
モファット (2018) Ch.3.7
Conlisk (1989) (およびAllais 1953, Starmer &Sugden 1991)
Disposition effect (損失先送り)
Shefrin, H., & Statman, M. (1985). The disposition to sell winners too early and ride losers too long: Theory and evidence. The Journal of finance, 40(3), 777-790.
FLB再訪 (PWによる説明)
Ottaviani and Sørensen (2007) The Favorite-Longshot Bias: An Overview of the Main Explanations
Snowberg and Wolfers (2010) Explaining the Favorite–Long Shot Bias, Journal of Political Economy
Ruggeri et al. (2020) Replicating patterns of prospect theory for decision under risk, Nature Human Behavior
Replicated for 94% of items (12 out of 13 predictions) of KT79.
Data consists of >4000 participants from 19 countries, with unpaid: paid=3:1.
Segal (1990), "KT (79) found
Violation of Reduction axiom and
Agreement with Compound Independence
筒井・佐々木・山根・マルデワ (2017)
モファット (2018) Ch. 12 PT、RPなど
Camerer, PT in the wild
Holt (2018) Ch. 4
Wakker (2010)
来週までに各自のPCにz-Treeをインストール
モファット Ch.2
今井 (2018) Ch. 7 とくに推定
伊藤 (2017) Ch.2
森 (2017)
西山・新谷・川口・奥井「計量経済学」9章 (ebook, view-only, 413-479)
*モファット2章
Including post-experimental cleanup & sharing the data
3-4 exp'er in a session
Including post-experimental cleanup & sharing the data
3-4 exp'er in a session
*「数学いらずの医科統計学」
*「ノンパラメトリック統計学」
*「医療統計わかりません!」
「ここから学ぼう!図解医療統計」Ch 4~9 (approx. 100p, Ch 6 ANOVA)
山本計量経済学Ch13 DD分析
Dohmen, T., Falk, A., Huffman, D., Sunde, U., Schupp, J., & Wagner, G. G. (2011). Individual risk attitudes: Measurement, determinants, and behavioral consequences. Journal of the European Economic Association, 9(3), 522-550.
Dohmen, T., Falk, A., Huffman, D., & Sunde, U. (2010). Are risk aversion and impatience related to cognitive ability?. American Economic Review, 100(3), 1238-60.
l’Haridon, O. and F. M. Vieider (2018). All over the map: A worldwide comparison of risk preferences. Quantitative Economics.
Perdorni et al. (2017) The Risk Elicitation Puzzle, Nature Human Behavior
Barseghyan, L., Prince, J., & Teitelbaum, J. C. (2011). Are risk preferences stable across contexts? Evidence from insurance data. American Economic Review, 101(2), 591-631.
Ge, Y., Knittel, C. R., MacKenzie, D., & Zoepf, S. (2020). Racial discrimination in transportation network companies. Journal of Public Economics, 190, 104205.
コンテスト (Holt Ch. 12)
保険 (Harrison's survey)
栗野盛光・島田夏美(2017)車両速度の情報開示におけるドライバー意思決定問題実験、Discussion Paper Series No. 1351, Department of Policy and Planning Sciences, University of Tsukuba.
選好逆転
損失回避(Hanakli ztt Osaka data ready. Run it via Google form.)
Bartling, B., Fehr, E., & Herz, H. (2014). The intrinsic value of decision rights. Econometrica, 82(6), 2005-2039.
*The paper which Hanaki JEBO is based on.
Dohmen, T., Falk, A., Huffman, D., Sunde, U., Schupp, J., & Wagner, G. G. (2011). Individual risk attitudes: Measurement, determinants, and behavioral consequences. Journal of the European Economic Association, 9(3), 522-550.
Figner, B., Mackinlay, R.J., Wilkening, F., & Weber, E.U. (2009). Affective and deliberative processes in risky choice: Age differences in risk taking in the Columbia Card Task. Journal of Experimental Psychology: Learning, Memory, and Cognition, 35, 709–730.
Bernheim, B. D., & Sprenger, C. (2020). On the Empirical Validity of Cumulative Prospect Theory: Experimental Evidence of Rank-Independent Probability Weighting. Econometrica.
l’Haridon, O. and F. M. Vieider (2018). All over the map: A worldwide comparison of risk preferences. Quantitative Economics.
Holt (2018) Ch.3
モファット (2018) Ch. 3.7.2
Miller, J. B., & Sanjurjo, A. (2018). Surprised by the hot hand fallacy? A truth in the law of small numbers. Econometrica, 86(6), 2019-2047.
Law of Small Numbers
Introspective Judgement
Quadratic Scoring Rule
QSR with risk attitude correction
Binarised Scoring Rule
Matching Probability
Prelec, D. (2004). A Bayesian truth serum for subjective data. science, 306(5695), 462-466.
Houssain and Okui
Palfrey and Wang
競馬の予測
選挙の予測
今井 (2018) Ch. 4 大統領選の予測、見かけの相関
Snowberg and Wolfers (2010) Explaining the Favorite–Long Shot Bias, Journal of Political Economy
>Prob. weighting explain simple and exotic bets price in the US horse races better than expected utility.
Chiappori, P. A., Salanié, B., Salanié, F., & Gandhi, A. (2019). From aggregate betting data to individual risk preferences. Econometrica, 87(1), 1-36.
Harrison, G. W., Martínez-Correa, J., & Swarthout, J. T. (2015). Reduction of compound lotteries with objective probabilities: Theory and evidence. Journal of Economic Behavior & Organization, 119, 32-55.
Ottaviani and Sørensen (2007) The Favorite-Longshot Bias: An Overview of the Main Explanations
Healy (2010) Prediction Markets. Management Science.
Schneider, F. H., & Schonger, M. (2019). An experimental test of the Anscombe–Aumann monotonicity axiom. Management Science, 65(4), 1667-1677.
Hoy, M., Peter, R., & Richter, A. (2013). Take‐up for genetic tests and ambiguity. Journal of Risk and Uncertainty
Larry G Epstein, Yoram Halevy, Ambiguous Correlation, The Review of Economic Studies, Volume 86, Issue 2, March 2019, Pages 668–693, https://doi.org/10.1093/restud/rdy008
Abeler, J., Nosenzo, D., & Raymond, C. (2019). Preferences for truth‐telling. Econometrica, 87(4), 1115-1153.
DeJarnette, P., Dillenberger, D., Gottlieb, D., & Ortoleva, P. (2020). Time lotteries and stochastic impatience. Econometrica, 88(2), 619-656.
Epper et al. (2011) find a correlation between violations of expected utility (EU) theory (the common ratio effect) and violations of discounted utility (DU) theory (hyperbolic discounting), observing that subjects who exhibit one of these biases tend to also exhibit the other.
Revealed (P)Reference Theory