The Effects of Blocked and Random Word Lists on the Production of False Memories

This study separated participants into four different conditions based on a 2 (blocked or random study trials) x 2 (blocked or random test trials) between-subjects design. Using the Deese-Roediger-McDermott (DRM) paradigm the researcher investigated whether or not false memories were produced at the time of study or the time of test. According to the paradigm, participants who view a series of categorical words (mad, fear, hate, rage, temper) are thought to semantically associate critical lures (anger), as a part of the list presented, more frequently than participants who see a string of unrelated terms. The production of false memory is commonly accredited to the priming effect and the relationships among categorical terms. The current study explored whether manipulating blocked versus random word lists had an effect on false memory rates and further examined the conditions under which false memories are produced, in order to gain a better understanding of the phenomenon. Participants\u27 responses were assessed based on their recall under either blocked or random conditions in both the study and test phases. Using measures of recognition and reaction time (RT), the results indicate that false memories are created primarily during original study and not during · the test of recognition. However, although the highest rates of false memories occurred during the blocked-study condition, the fastest reaction times for false memories were seen during blocked-test. These findings can contribute to the theoretical understanding of the origin of false memory. After comparing false memory rates and reaction times, concluding whether or not the mind exclusively produces these memories during the encoding process has yet to be determined

Eliciting Risk and Time Preferences Using Field Experiments: Some Methodological Issues

We design experiments to jointly elicit risk and time preferences for the adult Danish population. The experimental procedures build on laboratory experiments that have been evaluated using traditional subject pools. The field experiments utilize field sampling designs that we developed, and procedures that were chosen to be relatively transparent in the field with non-standard subject pools. Our overall design was also intended to be a general template for such field experiments in other countries. We examine the characterization of risk over a wider domain for each subject than previous experiments, allowing more precise estimates of risk attitudes. We also examine individual discount rates over six time horizons, as the first stage in a panel experiment in which we revisit subjects to test consistency and stability of responses over time. Risk and time preferences are heterogeneous, varying by observable individual characteristics. On a methodological level, we implement a refinement of existing procedures which elicits much more precise estimates, and also mitigates framing effects.

Imprints, [Vol. 5]

This 1989 edition includes winners of the T. E. Ferguson writing Contest, two honorable mentions, and a number of other entries that we felt deserved to be published. I would like to give special thanks to all the judges of the Ferguson Writing Contest who helped make this publication possible, and especially to Dr. Patricia Russell, who one again proved to be an invaluable asset. Her dedication and love for the organization and all it stands for has made this one of the most successful years ever.https://scholarworks.sfasu.edu/imprints/1000/thumbnail.jp

Imprints, Vol. 5

This 1989 edition includes winners of the T. E. Ferguson writing Contest, two honorable mentions, and a number of other entries that we felt deserved to be published. I would like to give special thanks to all the judges of the Ferguson Writing Contest who helped make this publication possible, and especially to Dr. Patricia Russell, who one again proved to be an invaluable asset. Her dedication and love for the organization and all it stands for has made this one of the most successful years ever

Eliciting Individual Discount Rates

Controlled laboratory conditions using monetary incentives have been utilized in previous studies that examine individual discount rates, and researchers have found several apparently robust anomalies. We conjecture that subject behavior in these experiments may be affected by (uncontrolled) factors other than discount rates. We address some experimental design issues and report a new series of experiments designed to elicit individual discount rates. Our primary treatments include: (i) informing subjects of the annual and effective interest rates associated with alternative payment streams, and (ii) informing subjects of current market interest rates. We also test for the effect of real (vs. hypothetical) payments and for the effect of delaying both payment options (vs. offering an immediate payment option). The statistical analysis uses censored data techniques to account for the interactions between field and lab incentives. Each of the information treatments appears to reduce revealed discount rates. When both types of information are provided, annual rates in the interval of 15%–17.5% are revealed, whereas rates of 20%–25% are revealed in the control session. Each of the treatments also lowers the residual variance of subject responses. Copyright Kluwer Academic Publishers 1999experimental economics, discount rates, censored dependent variable,