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

Glenn Harrison, Andre Hofmeyr (), Harold Kincaid, Brian Monroe (), Don Ross (), Mark Schneider () and J. Todd Swarthout ()
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Andre Hofmeyr: University of Cape Town
Brian Monroe: University College Dublin
Mark Schneider: Robinson College of Business, Georgia State University
J. Todd Swarthout: Robinson College of Business, Georgia State University

Journal of the Economic Science Association, 2021, vol. 7, issue 2, No 8, 194-209

Abstract: 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.

Keywords: Experimental economic methodology; Online incentivized experiment; Risk preferences; Time preferences; Subjective beliefs (search for similar items in EconPapers)
JEL-codes: B41 C88 C91 D81 D90 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/s40881-021-00115-7

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