WP 2023-01 Deductibles and Health Care Utilization: An Experiment on the Role of Forward-Looking Behavior

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Forthcoming, Journal of Economic Behavior & Organization

AUTHORS: Glenn W. Harrison, Nadja Kairies-Schwarz, and Johann Han

ABSTRACT: We investigate the effects of nonlinear deductible contracts on health utilization behavior by using a laboratory experiment in which we can control the likelihood of hitting the deductible. We also evaluate the effect… more »

WP 2012-10 Scoring Rules for Subjective Probability Distributions

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Published in 2017 in Journal of Economic Behavior & Organization, Volume 134.

AUTHORS: Glenn W. Harrison, Jimmy Martinez-Correa, J. Todd Swarthout, and Eric R. Ulm

ABSTRACT: Subjective beliefs are elicited routinely in economics experiments. However, such elicitation often suffers from two possible disadvantages. First, beliefs are recovered in the form of a summary… more »

WP 2012-09 Eliciting Subjective Probabilities with Binary Lotteries

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Published in 2014 in Journal of Economic Behavior & Organization, Volume 101.

AUTHORS: Glenn W. Harrison, Jimmy Martinez-Correa, J. Todd Swarthout

ABSTRACT. We evaluate the binary lottery procedure for inducing risk neutral behavior in a subjective belief elicitation task. Harrison, Martínez-Correa and Swarthout [2013] found that the binary lottery procedure works robustly… more »

WP 2012-05 Reduction of Compound Lotteries with Objective Probabilities: Theory and Evidence

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Published in 2015 in Journal of Economic Behavior & Organization, Volume 119.

AUTHORS: Glenn W. Harrison, Jimmy Martinez-Correa, J. Todd Swarthout

ABSTRACT. The reduction of compound lotteries (ROCL) has assumed a central role in the evaluation of behavior towards risk and uncertainty. We present experimental evidence on its validity in the domain… more »

WP 2012-02 Inducing Risk Neutral Preferences with Binary Lotteries: A Reconsideration

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Published in 2013 in Journal of Economic Behavior & Organization, Volume 94.

AUTHORS: Glenn W. Harrison, Jimmy Martinez-Correa, J. Todd Swarthout

ABSTRACT. We evaluate the binary lottery procedure for inducing risk neutral behavior. We strip the experimental implementation down to bare bones, taking care to avoid any potentially confounding assumptions about behavior… more »