@article{957aa50c55b3413aa25dbf7cff872be9,
title = "Stochastic choice and preferences for randomization",
abstract = "We conduct an experiment in which subjects face the same questions repeated multiple times, with repetitions of two types: (1) following the literature, the repetitions are distant from each other; (2) in a novel treatment, the repetitions are in a row, and subjects are told that the questions will be repeated. We find that a large majority of subjects exhibit stochastic choice in both cases. We discuss the implications for models of stochastic choice.",
author = "Marina Agranov and Pietro Ortoleva",
note = "Funding Information: We thank the editor and the anonymous referees for their many useful suggestions that significantly improved the paper. We also thank Mark Dean, David Dillenberger, Federico Echenique, Kfir Eliaz, Guillaume Fr{\'e}chette, Yoram Halevy, Mark Machina, Daniel Martin, Efe Ok, Gil Riella, Kota Saito, Chris Shannon, Leeat Yariv, and participants at many seminars and conferences for helpful comments and suggestions. Ortoleva gratefully acknowledges the financial support of National Science Foundation grant SES-1156091 and of Caltech{\textquoteright}s Gordon and Betty Moore Foundation through grant GBMF1158. Data are provided as supplementary material online. Publisher Copyright: {\textcopyright} 2017 by The University of Chicago. All rights reserved.",
year = "2017",
month = feb,
doi = "10.1086/689774",
language = "English (US)",
volume = "125",
pages = "40--68",
journal = "Journal of Political Economy",
issn = "0022-3808",
publisher = "University of Chicago",
number = "1",
}