Hi! Does anyone have an example of the Becker-DeGroot-Marschak (BDM) mechanism using an induced value and a price that sequentially drops? Thank you!
These link might be helpful:
You can try with random number generator and than matching number against this number.
Thanks for your fast replies! It might work, but I’m actually looking for a way to implement the choice dilemma as sketched below: For each of the 21 decision pairs, participants will have to select option A or B.
It currently comes to mind that it might be easiest to add an extra column where participants can select option A or B. Better ideas are welcome, of course I’m very very new here.
We can use loop & merge as well.
Yes agree with Shashi, loop and merge can be good solution. You can refer details here
https://www.qualtrics.com/support/survey-platform/survey-module/block-options/loop-and-merge/
Thank you! I’m positively surprised by all the help received so quickly in this community ^^. I’ll try to figure things out, and otherwise get back to you ;)
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