A case study of an experiment during the COVID-19 pandemic: online elicitation of subjective beliefs and economic preferences

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Date
2021-12-18
Authors
Harrison, Glenn W.
Hofmeyr, Andre
Kincaid, Harold
Monroe, Brian
Ross, Don
Schneider, Mark
Swarthout, J. Todd
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Publisher
Springer
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Abstract
We convey our experiences developing and implementing an online experiment to elicit subjective beliefs and economic preferences. The COVID-19 pandemic and associated closures of our laboratories required us to conduct an online experiment in order to collect beliefs and preferences associated with the pandemic in a timely manner. Since we had not previously conducted a similar multi-wave online experiment, we faced design and implementation considerations that are not present when running a typical laboratory experiment. By discussing these details more fully, we hope to contribute to the online experiment methodology literature at a time when many other researchers may be considering conducting an online experiment for the first time. We focus primarily on methodology; in a complementary study we focus on initial research findings.
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Keywords
Experimental economic methodology , Online incentivized experiment , Risk preferences , Time preferences , Subjective beliefs
Citation
Harrison, G., Hofmeyr, A., Kincaid, H., Monroe, B., Ross, D., Schneider, M. and Swarthout, J., ( 2021) ‘A case study of an experiment during the COVID-19 pandemic: online elicitation of subjective beliefs and economic preferences’, Journal of the Economic Science Association, 7(2), pp.194-209. doi: 10.1007/s40881-021-00115-7
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