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Economic Inquiry
Article
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Economic Inquiry
Article . 2011 . Peer-reviewed
License: Wiley Online Library User Agreement
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SSRN Electronic Journal
Article . 2009 . Peer-reviewed
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Ambiguous Solicitation: Ambiguous Prescription

Authors: Robert S. Gazzale; Julian Jamison; Alexander Karlan; Dean S. Karlan;

Ambiguous Solicitation: Ambiguous Prescription

Abstract

We conduct a two‐phase laboratory experiment, separated by several weeks. In the first phase, we conduct urn games intended to measure ambiguity aversion on a representative population of undergraduate students. In the second phase, we invite the students back with four different solicitation treatments, varying in the ambiguity of information regarding the task and the payout of the laboratory experiment. We find that those who return do not differ from the overall pool with respect to their ambiguity aversion. However, no solicitation treatment generates a representative sample. The ambiguous task treatment drives away the ambiguity averse disproportionally and the detailed task treatment draws in the ambiguity averse disproportionally. Finally, the standard laboratory recruitment e‐mail disproportionately draws in those who are not ambiguity averse. (JEL A12, C81, C90)

Keywords

laboratory experimental methods, experimental economics, laboratory selection effects, jel: jel:C81, jel: jel:D80, jel: jel:C90, jel: jel:C91, jel: jel:B40, jel: jel:D83

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    popularity
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    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
6
Average
Average
Average
bronze