The promise and success of lab-field generalizability in experimental economics: A critical reply to Levitt and List

C Camerer - Available at SSRN 1977749, 2011 - papers.ssrn.com
This paper addresses a recent criticism of experimental economics, by Levitt and List
[2007ab, 2008], that lab experimental findings may not generalize to field settings. We argue …

Decision making under risk in Deal or No Deal

N De Roos, Y Sarafidis - Journal of Applied Econometrics, 2010 - Wiley Online Library
We analyse the choices of 399 contestants in the Australian version of the television game
show Deal or No Deal. We calculate risk aversion bounds for each contestant, revealing …

Risky choice in the limelight

G Baltussen, MJ van den Assem… - Review of Economics …, 2016 - direct.mit.edu
This paper examines how risk behavior in the limelight differs from that in anonymity. In two
separate experiments, we find that subjects are more risk averse in the limelight. However …

To Spin or not to Spin? Natural and Laboratory Experiments from the Price is Right

R Tenorio, TN Cason - The Economic Journal, 2002 - academic.oup.com
The Wheel is a sequential game of perfect information played twice during each taping of
the television game show The Price is Right. This game has simple rules and the stakes are …

Decision making and risk aversion in the Cash Cab

RT Bliss, ME Potter, C Schwarz - Journal of Economic Behavior & …, 2012 - Elsevier
We use the Emmy Award-winning game show Cash Cab to study decision-making in a risky
framework. This is a unique environment because, unlike other game shows used to …

Risk aversion in game shows

S Andersen, GW Harrison, MI Lau… - Risk aversion in …, 2008 - emerald.com
We review the use of behavior from television game shows to infer risk attitudes. These
shows provide evidence when contestants are making decisions over very large stakes, and …

Deal or No Deal, That is the Question: The Impact of Increasing Stakes and Framing Effects on Decision‐Making under Risk

R Brooks, R Faff, D Mulino… - International Review of …, 2009 - Wiley Online Library
In this paper, we utilize data from the Australian version of the TV game show,'Deal or No
Deal', to explore risk aversion in a high real stakes setting. An attractive feature of this …

[HTML][HTML] High-stakes failures of backward induction

BK Teeselink, D van Dolder, MJ van den Assem… - Games and Economic …, 2024 - Elsevier
We examine high-stakes strategic choice using more than 40 years of data from the
American TV game show The Price Is Right. In every episode, contestants play the …

[PDF][PDF] Dynamic choice behavior in a natural experiment

S Andersen, GW Harrison, MI Lau… - University of Central …, 2006 - researchgate.net
We examine dynamic choice behavior in a natural experiment with large stakes and a
demographically divers sample. The television game show Deal Or No Deal offers a rich …

High-stakes failures of backward induction

B Klein Teeselink, D van Dolder… - Available at SSRN …, 2024 - papers.ssrn.com
We examine high-stakes strategic choice using more than 40 years of data from the
American TV game show The Price Is Right. In every episode, contestants play the …