Abstract
The classical trinity of tests is used to check for the presence of a tremble in economic experiments in which the response variable is binary. A tremble is said to occur when an agent makes a decision completely at random, without regard to the values taken by the explanatory variables. The properties of the tests are discussed, and an extension of the methodology is used to test for the presence of a tremble in binary panel data from a well-known economic experiment.
Original language | English |
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Pages (from-to) | 221-228 |
Number of pages | 8 |
Journal | Experimental Economics |
Volume | 4 |
Issue number | 3 |
DOIs | |
Publication status | Published - Dec 2001 |