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ProjectHow Robust is Commitment Demand? - Experimental Evidence Study IDsspp-2024-0040-v1 Study Title
How Robust is Commitment Demand? - Experimental Evidence (Old) AuthorsRafael Suchy, Séverine Toussaert Completion Time15 Minutes Close DateDec. 6, 2024 DisciplineEconomics FieldBehavioral Economics CountryUnited Kingdom Abstract While commitment demand has been documented in various settings, recent evidence suggests that some of it might be due to mistakes. We propose to investigate the robustness of commitment demand in a field study involving meal choices on a food ordering platform. We elicit participants’ preferences over the range of meals presented on the platform. Preferences are elicited twice using three methods: ranking, monetary valuations, and binary choices. We propose to compare the consistency of expressed preferences across methods and the stability within a method, as well as to explore drivers of the variability observed. We will benchmark our results against expert forecasts and provide guidance on method selection
Incentive Details
Incentive Type
Based on forecast accuracy
Calculation Method
Discrete: Fixed payment if forecast is within bounds Recipient PoolIncentives are lottery-based
Lottery Percentage
5.0%
Citation
Suchy, Rafael, and Séverine Toussaert. 2024. "How Robust is Commitment Demand? - Experimental Evidence (Old)." Social Science Prediction Platform. November 11. https://socialscienceprediction.org/s/0zbc4f