Data · dataset · 2014
A dynamic Ellsberg urn experiment [Dataset]
Listed in heiDATA
Description
Abstract
Many theories of updating under ambiguity assume either dynamic consistency or consequentialism to underpin behaviorally the link between conditional and unconditional preferences. To test the descriptive validity of these rationality concepts, we conduct a dynamic extension of Ellsbergʼs 3-color experiment. We find that more subjects act in line with consequentialism than with dynamic consistency and that this result is even stronger among ambiguity av erse subjects.
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Highlights We experimentally test consequentialism versus dynamic consistency. The design is a dynamic extension of the 3-color Ellsberg urn. More subjects violate dynamic consistency than consequentialism.
Violating subjects (for both axioms) are less confident in their responses.
Links
Where it is published
- Dataverse dataset page heidata.uni-heidelberg.de/dataset.xhtml?persistentId=doi%3A10.11588%2FDATA%2F10005 ↗
landing page · from heidata uni heidelberg de
- DOI doi.org/10.11588/data/10005 ↗
DOI / persistent id · from heidata uni heidelberg de
Catalogue records · 1
- Dataverse API heidata.uni-heidelberg.de/api/datasets/:persistentId/?persistentId=doi%3A10.11588%2FDATA… ↗
metadata API · from heidata uni heidelberg de
Topics
- Stated by source
- Social Sciences
- From keywords
- Social Science
Provenance · 1 source records, 8 field assertions
| Source | Key | Last seen | Raw |
|---|---|---|---|
| heiDATA | doi:10.11588/DATA/10005 | 15 h ago | JSON v1 |
| Field | Assertion | Extractor | Evidence |
|---|---|---|---|
| concepts[field].dataverse_subject:social-sciences | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | /subjects |
| concepts[field].local:field:social-science | mapping · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | /subjects |
| created_date | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | |
| description | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | /description |
| publication_date | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | |
| title | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | /name |
| updated_date | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 | |
| version_label | source · heidata uni heidelberg de | connector:heidata_uni_heidelberg_de@1.0.0 |