Selection into experiments: New evidence on the role of preferences, cognition, and recruitment protocols

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Version: Final published version
License: CC BY 4.0
Serval ID
serval:BIB_1EE1700FA2EF
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Selection into experiments: New evidence on the role of preferences, cognition, and recruitment protocols
Journal
Journal of Behavioral and Experimental Economics
Author(s)
Thiemann Petra, Schulz Jonathan, Sunde Uwe, Thöni Christian
ISSN
2214-8043
Publication state
Published
Issued date
06/2022
Peer-reviewed
Oui
Volume
98
Pages
101871
Language
english
Abstract
We study selection into lab experiments based on data from two cohorts of first-year university students. We combine two experiments: a classroom experiment in which we elicit measures of time and risk preferences, overconfidence, trust, reciprocity, altruism, and cognitive reflection and a recruitment experiment with four treatment conditions that randomly vary the information provided in the e-mail sent to recruit lab participants. We find that students with higher cognitive skills are more likely to participate in experiments. By contrast, we find little evidence of selection along time and risk preferences, overconfidence, trust, and reciprocity, and our evidence of selection along altruism is inconclusive. In terms of recruitment conditions, mentioning financial incentives boosts the participation rate in lab experiments by 50 percent. Although recruitment conditions affect participation rates, they do not alter the composition of the participant sample in terms of the elicited characteristics. Finally, students who repeatedly participate in lab experiments are more patient than those who participate only once.
Keywords
General Social Sciences, Economics and Econometrics, Applied Psychology
Web of science
Open Access
Yes
Funding(s)
European Research Council (ERC)
Swiss National Science Foundation / 100018_135166
Create date
10/06/2022 10:49
Last modification date
26/07/2023 7:08
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