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• W2473637032 abstract "Azrieli et al. (J Polit Econ, 2018) provide a characterization of incentive compatible payment mechanisms for experiments, assuming subjects’ preferences respect dominance but can have any possible subjective beliefs over random outcomes. If instead we assume subjects view probabilities as objective—for example, when dice or coins are used—then the set of incentive compatible mechanisms may grow. In this paper we show that it does, but the added mechanisms are not widely applicable. As in the subjective-beliefs framework, the only broadly-applicable incentive compatible mechanism (assuming all preferences that respect dominance are admissible) is to pay subjects for one randomly-selected decision." @default.
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• W2473637032 date "2019-03-12" @default.
• W2473637032 modified "2023-10-14" @default.
• W2473637032 title "Incentives in experiments with objective lotteries" @default.
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• W2473637032 doi "https://doi.org/10.1007/s10683-019-09607-0" @default.
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