Preference for Randomization: Empirical and Experimental Evidence
نویسندگان
چکیده
منابع مشابه
Preference for Randomization: Empirical and Experimental Evidence
We investigate violations of consequentialism in the form of the stochastic dominance property. The property is shared by many theories of choice and implies that the decision-maker prefers receiving the best outcome for sure over all lotteries that involve multiple outcomes. We run experiments to demonstrate that dominated randomization can be attractive. In treatments where decision-makers ar...
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Preference-adaptive randomization in comparative effectiveness studies
BACKGROUND Determination of comparative effectiveness in a randomized controlled trial requires consideration of an intervention's comparative uptake (or acceptance) among randomized participants and the intervention's comparative efficacy among participants who use their assigned intervention. If acceptance differs across interventions, then simple randomization of participants can result in p...
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the edinburgh school of social epistemology is one of the emergent contemporary schools of epistemology which has been systematically put forth and formulated since the late 1960s. theorizing, the edinburgh school specifically deals scientific knowledge (natural sciences) and is chiefly characterized by the fact that it criticizes root and branch the scientific knowledge sociologically. that is...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2192422