How Robust is Commitment Demand? - Experimental Evidence

Study ID sspp-2024-0041-v1

General Details

Project How Robust is Commitment Demand? - Experimental Evidence
Study ID sspp-2024-0041-v1
Study Title How Robust is Commitment Demand? - Experimental Evidence
Authors Rafael Suchy, Séverine Toussaert
Completion Time 15 Minutes
Close Date Dec. 20, 2024
Discipline Economics
Field Behavioral Economics
Country United 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 Pool Incentives are lottery-based
Lottery Percentage 5.0%

Citation
Suchy, Rafael, and Séverine Toussaert. 2024. "How Robust is Commitment Demand? - Experimental Evidence." Social Science Prediction Platform. November 22. https://socialscienceprediction.org/s/cd82xf

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