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- W3123573934 abstract "We investigate the possibility that a decision-maker prefers to avoid making a decision and instead delegates it to an external device, e.g., a coin flip. In a series of experiments the participants often choose lotteries between allocations, which contradicts most theories of choice such as expected utility but is consistent with a theory of responsibility aversion that implies a preference for randomness. A large data set on university applications in Germany shows a choice pattern that is also consistent with this theory and entails substantial allocative consequences." @default.
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- W3123573934 date "2013-01-01" @default.
- W3123573934 modified "2023-10-16" @default.
- W3123573934 title "Flipping a Coin: Theory and Evidence" @default.
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- W3123573934 doi "https://doi.org/10.2139/ssrn.2353282" @default.
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