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Real-time interactions in oTree using Django Channels: Auctions and real effort tasks

Philipp Chapkovski and Essi Kujansuu

Journal of Behavioral and Experimental Finance, 2019, vol. 23, issue C, 114-123

Abstract: oTree, a popular platform for conducting behavioral experiments, exchanges data only as a participant exits or enters a web page. In many situations, however, information needs to be gathered and delivered instantaneously. This paper demonstrates a way to add real-time interactions to oTree and presents two ready-made apps: a double auction and a gift exchange with a real effort task. Many auction designs, including the double auction, use time constraints and carry out sales as soon as an ask and a bid are compatible. Instantaneous flow of information is thus a core requirement for programming these auctions in the first place. The real effort task measuring the number of correct answers within a time limit, on the other hand, benefits from the extra flexibility and security that Django Channels provides. Furthermore, real effort tasks are a simple starting point for building real-time interaction apps with oTree.

Keywords: Double auction; Gift exchange game; oTree; Real-time interactions; Real effort task (search for similar items in EconPapers)
JEL-codes: C88 C90 C91 C99 D44 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:23:y:2019:i:c:p:114-123

DOI: 10.1016/j.jbef.2019.05.008

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Journal of Behavioral and Experimental Finance is currently edited by Michael Dowling and Jürgen Huber

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