Welcome to the new version of CaltechAUTHORS. Login is currently restricted to library staff. If you notice any issues, please email coda@library.caltech.edu
Published February 2017 | Published + Supplemental Material
Journal Article Open

Stochastic Choice and Preferences for Randomization


We conduct an experiment in which subjects face the same questions repeated multiple times, with repetitions of two types: (1) following the literature, the repetitions are distant from each other; (2) in a novel treatment, the repetitions are in a row, and subjects are told that the questions will be repeated. We find that a large majority of subjects exhibit stochastic choice in both cases. We discuss the implications for models of stochastic choice.

Additional Information

© 2017 The University of Chicago. Electronically published December 21, 2016. We thank the editor and the anonymous referees for their many useful suggestions that significantly improved the paper. We also thank Mark Dean, David Dillenberger, Federico Echenique, Kfir Eliaz, Guillaume Fréchette, Yoram Halevy, Mark Machina, Daniel Martin, Efe Ok, Gil Riella, Kota Saito, Chris Shannon, Leeat Yariv, and participants at many seminars and conferences for helpful comments and suggestions. Ortoleva gratefully acknowledges the financial support of National Science Foundation grant SES-1156091 and of Caltech's Gordon and Betty Moore Foundation through grant GBMF1158. Data are available in a zip file.

Attached Files

Published - 689774.pdf

Supplemental Material - 2015028Appendix.pdf

Supplemental Material - 2015028data.zip


Files (13.4 MB)
Name Size Download all
11.7 MB Preview Download
621.1 kB Preview Download
1.0 MB Preview Download

Additional details

August 19, 2023
October 25, 2023