{"id":"https://openalex.org/W4230127162","doi":"https://doi.org/10.1257/rct.3183","title":"Prince: An Improved Method for Measuring Incentivized Preferences","display_name":"Prince: An Improved Method for Measuring Incentivized Preferences","publication_year":2018,"publication_date":"2018-07-27","ids":{"openalex":"https://openalex.org/W4230127162","doi":"https://doi.org/10.1257/rct.3183"},"language":"en","primary_location":{"id":"doi:10.1257/rct.3183","doi":"https://doi.org/10.1257/rct.3183","is_oa":false,"landing_page_url":"https://doi.org/10.1257/rct.3183","pdf_url":null,"source":{"id":"https://openalex.org/S4363604083","display_name":"AEA Randomized Controlled Trials","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"AEA Randomized Controlled Trials","raw_type":"dataset"},"volume":null,"type":"dataset","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5051040257","display_name":"Peter P. Wakker","orcid":"https://orcid.org/0000-0002-2936-5498","observed_orcids":["https://orcid.org/0000-0002-2936-5498"]},"institutions":[{"id":"https://openalex.org/I913958620","display_name":"Erasmus University Rotterdam","ror":"https://ror.org/057w15z03","country_code":"NL","type":"education","lineage":["https://openalex.org/I913958620"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Peter Wakker","raw_affiliation_strings":["Erasmus School of Economics, Erasmus University Rotterdam, 3000 DR Rotterdam, the Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Erasmus School of Economics, Erasmus University Rotterdam, 3000 DR Rotterdam, the Netherlands","institution_ids":["https://openalex.org/I913958620"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5051040257"],"corresponding_institution_ids":["https://openalex.org/I913958620"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.44679999351501465,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.44679999351501465,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.2777999937534332,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10646","display_name":"Experimental Behavioral Economics Studies","score":0.266400009393692,"subfield":{"id":"https://openalex.org/subfields/3311","display_name":"Safety Research"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/preference-measurement","display_name":"preference measurement","score":0.6800000071525574},{"id":"https://openalex.org/keywords/incentive-compatibility","display_name":"incentive compatibility","score":0.8169999718666077},{"id":"https://openalex.org/keywords/direct-matching","display_name":"direct matching","score":0.5910000205039978},{"id":"https://openalex.org/keywords/becker-degroot-marschak-mechanism","display_name":"Becker-DeGroot-Marschak mechanism","score":0.9470000267028809},{"id":"https://openalex.org/keywords/preference-reversal","display_name":"preference reversal","score":0.8500000238418579},{"id":"https://openalex.org/keywords/willingness-to-pay","display_name":"willingness to pay","score":0.9160000085830688},{"id":"https://openalex.org/keywords/willingness-to-accept","display_name":"willingness to accept","score":0.9980000257492065},{"id":"https://openalex.org/keywords/decision-making-under-uncertainty","display_name":"decision making under uncertainty","score":0.718999981880188},{"id":"https://openalex.org/keywords/ambiguity-attitudes","display_name":"ambiguity attitudes","score":0.8579999804496765},{"id":"https://openalex.org/keywords/endowment-effect","display_name":"endowment effect","score":0.7960000038146973},{"id":"https://openalex.org/keywords/linear-utility","display_name":"linear utility","score":0.5270000100135803},{"id":"https://openalex.org/keywords/strategic-behavior","display_name":"strategic behavior","score":0.7080000042915344}],"concepts":[{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.39472490549087524},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.32011768221855164},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.26130443811416626}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1257/rct.3183","doi":"https://doi.org/10.1257/rct.3183","is_oa":false,"landing_page_url":"https://doi.org/10.1257/rct.3183","pdf_url":null,"source":{"id":"https://openalex.org/S4363604083","display_name":"AEA Randomized Controlled Trials","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"AEA Randomized Controlled Trials","raw_type":"dataset"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":78,"referenced_works":["https://openalex.org/W350604544","https://openalex.org/W616273424","https://openalex.org/W645009165","https://openalex.org/W1529060564","https://openalex.org/W1530102285","https://openalex.org/W1551417161","https://openalex.org/W1580203792","https://openalex.org/W1596823862","https://openalex.org/W1607757271","https://openalex.org/W1892544890","https://openalex.org/W1918025905","https://openalex.org/W1965941457","https://openalex.org/W1967610054","https://openalex.org/W1970418638","https://openalex.org/W1978071489","https://openalex.org/W1985521926","https://openalex.org/W1986073630","https://openalex.org/W2001606424","https://openalex.org/W2017211257","https://openalex.org/W2021407195","https://openalex.org/W2023912152","https://openalex.org/W2025686518","https://openalex.org/W2037745646","https://openalex.org/W2041204625","https://openalex.org/W2042223112","https://openalex.org/W2056858714","https://openalex.org/W2062459235","https://openalex.org/W2063798007","https://openalex.org/W2069798206","https://openalex.org/W2070208635","https://openalex.org/W2083421702","https://openalex.org/W2085314501","https://openalex.org/W2085595123","https://openalex.org/W2101484286","https://openalex.org/W2116070369","https://openalex.org/W2127139772","https://openalex.org/W2128845303","https://openalex.org/W2129778617","https://openalex.org/W2132391791","https://openalex.org/W2136748260","https://openalex.org/W2139359806","https://openalex.org/W2149441458","https://openalex.org/W2155837718","https://openalex.org/W2156335487","https://openalex.org/W2235713042","https://openalex.org/W2280738422","https://openalex.org/W2299783816","https://openalex.org/W2480934990","https://openalex.org/W2520962088","https://openalex.org/W2578255165","https://openalex.org/W2622915364","https://openalex.org/W2758208712","https://openalex.org/W2872401144","https://openalex.org/W2890571706","https://openalex.org/W2983682290","https://openalex.org/W3015469787","https://openalex.org/W3023695158","https://openalex.org/W3084498641","https://openalex.org/W3102144715","https://openalex.org/W3123603330","https://openalex.org/W3124007245","https://openalex.org/W3124845141","https://openalex.org/W3125353710","https://openalex.org/W3188534094","https://openalex.org/W3198705679","https://openalex.org/W4235562356","https://openalex.org/W4241895387","https://openalex.org/W4242815879","https://openalex.org/W4242836581","https://openalex.org/W4243742093","https://openalex.org/W4244104373","https://openalex.org/W4244135171","https://openalex.org/W4245409838","https://openalex.org/W4245525897","https://openalex.org/W4251252946","https://openalex.org/W4379522171","https://openalex.org/W4388128743","https://openalex.org/W4403860813"],"related_works":["https://openalex.org/W1607757271","https://openalex.org/W4404110166","https://openalex.org/W4411597658","https://openalex.org/W2218675706","https://openalex.org/W3197174562","https://openalex.org/W2613007726","https://openalex.org/W7057004585","https://openalex.org/W3121650855","https://openalex.org/W1550171692","https://openalex.org/W2544379146"],"abstract_inverted_index":{"This":[0],"paper":[1],"introduces":[2],"the":[3,11,18,27,42,45,71,82,124,150],"Prince":[4,141],"incentive":[5,35,152],"system":[6],"for":[7,17,51,97],"measuring":[8,98],"preferences.Prince":[9],"combines":[10],"tractability":[12],"of":[13,23,31,44,58,85,149],"direct":[14,21],"matching,":[15],"allowing":[16],"precise":[19],"and":[20,29,77,81,93,102,107,127],"elicitation":[22],"indifference":[24],"values,":[25],"with":[26],"clarity":[28],"validity":[30],"choice":[32],"lists.It":[33],"makes":[34],"compatibility":[36],"completely":[37],"transparent":[38],"to":[39,75,79,133],"subjects,":[40],"avoiding":[41,55],"opaqueness":[43],"Becker-DeGroot-Marschak":[46],"mechanism.It":[47],"can":[48],"be":[49],"used":[50],"adaptive":[52],"experiments":[53],"while":[54],"any":[56],"possibility":[57],"strategic":[59],"behavior":[60],"by":[61],"subjects.To":[62],"illustrate":[63],"Prince's":[64],"wide":[65],"applicability,":[66],"we":[67],"investigate":[68],"preference":[69],"reversals,":[70],"discrepancy":[72],"between":[73],"willingness":[74,78],"pay":[76],"accept,":[80],"major":[83],"components":[84],"decision":[86],"making":[87],"under":[88,100],"uncertainty:":[89],"utilities,":[90],"subjective":[91],"beliefs,":[92],"ambiguity":[94,103],"attitudes.Prince":[95],"allows":[96],"utility":[99,113,130],"risk":[101],"in":[104],"a":[105,138,146],"tractable":[106],"incentive-compatible":[108],"manner":[109],"even":[110],"if":[111],"expected":[112],"is":[114,131],"violated.Our":[115],"empirical":[116],"findings":[117],"support":[118],"modern":[119],"behavioral":[120],"views,":[121],"e.g.,":[122],"confirming":[123],"endowment":[125],"effect":[126],"showing":[128],"that":[129],"closer":[132],"linear":[134],"than":[135,145],"classically":[136],"thought.In":[137],"comparative":[139],"study,":[140],"gives":[142],"better":[143],"results":[144],"classical":[147],"implementation":[148],"random":[151],"system.":[153]},"counts_by_year":[],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2022-05-11T00:00:00"}
