Replication data for: Making Case-Based Decision Theory Directly Observable

Name: Replication data for: Making Case-Based Decision Theory Directly Observable
Published: 2017-02-01
License: This work is licensed under an Other license created by the data depositor. Please refer to the LICENSE file, which should be located alongside the project data and documentation.
Keywords: Choice under uncertainty

Principal Investigator(s): View help for Principal Investigator(s) Han Bleichrodt; Martin Filko; Amit Kothiyal; Peter P. Wakker

Version: View help for Version V1

Name	File Type	Size	Last Modified
AEJMicro-2015-0172_data			10/25/2021 03:28:PM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 06:45:PM

Project Citation:

Bleichrodt, Han, Filko, Martin, Kothiyal, Amit, and Wakker, Peter P. Replication data for: Making Case-Based Decision Theory Directly Observable. Nashville, TN: American Economic Association [publisher], 2017. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E114343V1

Project Description

Summary: Case-based decision theory (CBDT) provided a new way of revealing preferences, with decisions under uncertainty determined by similarities with cases in memory. This paper introduces a method to measure CBDT that requires no commitment to parametric families and that relates directly to decisions. Thus, CBDT becomes directly observable and can be used in prescriptive applications. Two experiments on real estate investments demonstrate the feasibility of our method. Our implementation of real incentives not only avoids the income effect, but also avoids interactions between different memories. We confirm CBDT's predictions except for one violation of separability of cases in memory.

Scope of Project

Subject Terms: Choice under uncertainty

JEL Classification:
      D12 Consumer Economics: Empirical Analysis
      D81 Criteria for Decision-Making under Risk and Uncertainty
      R30 Real Estate Markets, Spatial Production Analysis, and Firm Location: General

Geographic Coverage: the Netherlands

Time Period(s): 5/1/2011 – 12/10/2011 (Experiment was done late 2011. Concerning house markt price of three preceding years)

Data Type(s): experimental data

Related Publications

Download this project

Published Versions

V1 [2019-10-12]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.