On the validity of the Random Incentive System: an experimental test
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Title
On the validity of the Random Incentive System: an experimental testAuthor (s)
Tutor/Supervisor; University.Department
Sabater-Grande, Gerardo; Universitat Jaume I. Departament d'EconomiaDate
2017-06-13Publisher
Universitat Jaume IAbstract
In this paper it is shown an experiment
to test if the random incentive system (from
now on RIS) works or not under extreme
conditions. As it will be displayed, this
mechanism is studied in two scenarios.
The ... [+]
In this paper it is shown an experiment
to test if the random incentive system (from
now on RIS) works or not under extreme
conditions. As it will be displayed, this
mechanism is studied in two scenarios.
The first case evolves the simplest
experiment in which the subjects only have six
decision problems and they know that only the
last one will be really played to determine their
payments, so the rest are hypothetical.
The second one exposes the same six
tasks, but under the random mechanism, so
each decision has the same probability to be
played and to determine the final payment to
subjects.
This study offers a positive conclusion
of the RIS because there are no significant
differences between these two treatments. [-]
Description
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2016/2017
Type
info:eu-repo/semantics/bachelorThesisRights
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/restrictedAccess
info:eu-repo/semantics/restrictedAccess
This item appears in the folowing collection(s)
- Grau en Economia [289]