2024/01/18 by Müller, Werner, Ponce de Leon, Antonio C.
paper · doi:10.57938/d19d60b7-e6ed-4198-90db-be3e9f0b6159
This paper deals with the application of optimal design principles in an experiment examining individual decision making under risk. It provides general principles on how to conduct experiments in a probit model estimation situation and illust rates the benefit of those techniques through equivalent number of observations. (author's abstract)