A Surprise-Quiz View of Learning in Economic Experiments

Antonio Merlo, Andrew Schotter

    Research output: Contribution to journalArticle

    Abstract

    We use experimental data to investigate what subjects have learned after participating in an economic experiment for many periods. At the end of our experiments subjects are given another experiment to perform which functions like a surprise quiz since they had not been informed about its existence before. The results of this surprise-quiz round, along with the time-series of their responses before the quiz, allow us to judge what they have learned. We find that depending on the manner in which subjects are paid, they attempt to learn different aspects of the experimental task and perform differently. Journal of Economic Literature Classification Numbers: C91, D83.

    Original languageEnglish (US)
    Pages (from-to)25-54
    Number of pages30
    JournalGames and Economic Behavior
    Volume28
    Issue number1
    DOIs
    StatePublished - Jul 1999

    Fingerprint

    Economic experiments
    Experiment
    Surprise
    Economics

    ASJC Scopus subject areas

    • Economics and Econometrics
    • Finance

    Cite this

    A Surprise-Quiz View of Learning in Economic Experiments. / Merlo, Antonio; Schotter, Andrew.

    In: Games and Economic Behavior, Vol. 28, No. 1, 07.1999, p. 25-54.

    Research output: Contribution to journalArticle

    Merlo, Antonio ; Schotter, Andrew. / A Surprise-Quiz View of Learning in Economic Experiments. In: Games and Economic Behavior. 1999 ; Vol. 28, No. 1. pp. 25-54.
    @article{12bc6a438db74ed1864cab0ba0e48296,
    title = "A Surprise-Quiz View of Learning in Economic Experiments",
    abstract = "We use experimental data to investigate what subjects have learned after participating in an economic experiment for many periods. At the end of our experiments subjects are given another experiment to perform which functions like a surprise quiz since they had not been informed about its existence before. The results of this surprise-quiz round, along with the time-series of their responses before the quiz, allow us to judge what they have learned. We find that depending on the manner in which subjects are paid, they attempt to learn different aspects of the experimental task and perform differently. Journal of Economic Literature Classification Numbers: C91, D83.",
    author = "Antonio Merlo and Andrew Schotter",
    year = "1999",
    month = "7",
    doi = "10.1006/game.1998.0681",
    language = "English (US)",
    volume = "28",
    pages = "25--54",
    journal = "Games and Economic Behavior",
    issn = "0899-8256",
    publisher = "Academic Press Inc.",
    number = "1",

    }

    TY - JOUR

    T1 - A Surprise-Quiz View of Learning in Economic Experiments

    AU - Merlo, Antonio

    AU - Schotter, Andrew

    PY - 1999/7

    Y1 - 1999/7

    N2 - We use experimental data to investigate what subjects have learned after participating in an economic experiment for many periods. At the end of our experiments subjects are given another experiment to perform which functions like a surprise quiz since they had not been informed about its existence before. The results of this surprise-quiz round, along with the time-series of their responses before the quiz, allow us to judge what they have learned. We find that depending on the manner in which subjects are paid, they attempt to learn different aspects of the experimental task and perform differently. Journal of Economic Literature Classification Numbers: C91, D83.

    AB - We use experimental data to investigate what subjects have learned after participating in an economic experiment for many periods. At the end of our experiments subjects are given another experiment to perform which functions like a surprise quiz since they had not been informed about its existence before. The results of this surprise-quiz round, along with the time-series of their responses before the quiz, allow us to judge what they have learned. We find that depending on the manner in which subjects are paid, they attempt to learn different aspects of the experimental task and perform differently. Journal of Economic Literature Classification Numbers: C91, D83.

    UR - http://www.scopus.com/inward/record.url?scp=0037947360&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=0037947360&partnerID=8YFLogxK

    U2 - 10.1006/game.1998.0681

    DO - 10.1006/game.1998.0681

    M3 - Article

    VL - 28

    SP - 25

    EP - 54

    JO - Games and Economic Behavior

    JF - Games and Economic Behavior

    SN - 0899-8256

    IS - 1

    ER -