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Showing results for:
Economic Category: Information and Uncertainty
Content Type: Experiment Software
Search Term: lottery

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Information and Uncertainty - Experiment Software

1. Lottery-Choice Experiment with a Probability-Based Choice Menu

This program sets up a series of single-person lottery choices designed to evaluate the effects of payoff scale variations. The probability of the higher payoff in each lottery is systematically varied in a manner that facilitates inferences about the degree of risk aversion. Lottery choices are arrayed in order as the probability of the high payoff is incremented. [Details...]

2. Lottery-Choice Experiment with Flexible Arrangement of Decision Problems

This program sets up a series of single-person lottery choices designed to evaluate theories of decision making in risky situations. [Details...]

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