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.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 40-68 |
| Number of pages | 29 |
| Journal | Journal of Political Economy |
| Volume | 125 |
| Issue number | 1 |
| DOIs | |
| State | Published - Feb 2017 |
| Externally published | Yes |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics