Theory, Experimental Design and Econometrics Are Complementary.
(2015)
Book Chapter
Harrison, G., Lau, M., & Rutström, E. (2015). Theory, Experimental Design and Econometrics Are Complementary. In G. Frechette, & A. Schotter (Eds.), Handbook of Experimental Economic Methodology. Oxford University Press
Outputs (3)
Subjective Belief Distributions and the Characterization of Economic Literacy (2015)
Journal Article
Girolamo, A., Harrison, G., Lau, M., & Swarthout, J. (2015). Subjective Belief Distributions and the Characterization of Economic Literacy. Journal of Behavioral and Experimental Economics, 59, 1-12. https://doi.org/10.1016/j.socec.2015.08.004We characterize the literacy of an individual in a domain by their elicited subjective belief distribution over the possible responses to a question posed in that domain. By eliciting the distribution, rather than just the answers to true/false or mu... Read More about Subjective Belief Distributions and the Characterization of Economic Literacy.
Subjective bayesian beliefs (2015)
Journal Article
Antoniou, C., Harrison, G., Lau, M., & Read, D. (2015). Subjective bayesian beliefs. Journal of Risk and Uncertainty, 50(1), 35-54. https://doi.org/10.1007/s11166-015-9208-5A large literature suggests that many individuals do not apply Bayes’ Rule when making decisions that depend on them correctly pooling prior information and sample data. We replicate and extend a classic experimental study of Bayesian updating from p... Read More about Subjective bayesian beliefs.