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oTree: The Equality Equivalence Test

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  • Holzmeister, F.
  • Kerschbamer, R.

Abstract

Based on a small set of assumptions on preferences, Kerschbamer (2015) introduces a geometric delineation of distributional preferences and a parsimonious, non-parametric identification procedure — the Equality Equivalence Test (eet). The assumptions of the test result in a mutually exclusive taxonomy of social preference archetypes, nesting all empirically relevant types identified in the literature. This article presents a ready-to-use software module for use with oTree (Chen et al., (2016), which facilitates the implementation of the eet in the laboratory, the field, or online. The app can be straightforwardly configured and parametrized using a single file and can be seamlessly integrated into existing projects. Furthermore, the app features predefined evaluations of subjects’ responses and provides a real-time report of the results in the experimenter’s dashboard. By this means, the module offers a comprehensive, flexible, and time-saving tool for implementing and conducting the eet in a myriad of configurations determined by the user.

Suggested Citation

  • Holzmeister, F. & Kerschbamer, R., 2019. "oTree: The Equality Equivalence Test," Journal of Behavioral and Experimental Finance, Elsevier, vol. 22(C), pages 214-222.
  • Handle: RePEc:eee:beexfi:v:22:y:2019:i:c:p:214-222
    DOI: 10.1016/j.jbef.2019.04.001
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    More about this item

    Keywords

    oTree; Equality Equivalence Test; Distributional preferences;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making

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