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Description of iLEE
"We bring the lab to your living room"
Four waves Each wave consists of paid and unpaid parts ("modules"). Participants were paid if they completed the entire wave and if they indicated a valid bank account. Earnings depend on the decisions made by the participants. Average earnings were around 300 kr. per participant and wave.
Participants are anonymous and come from all walks of life While our sample is highly heterogenous, it is not fully representative of the Danish population in all dimensions due to attrition (i.e. our sample is not a rolling pannel). About 2300 persons completed the first wave, but only about 700 completed the last wave. For example, people in the age group 40-50 and those with higher education are over-represented but the sample is representative with respect to gender and geographical distribution. We took great care to explain the experiments in plain and simple language to enable people from all walks to participate. We used graphical illustrations where appropriate (see examples below) and went through, in particular for the first wave, extensive pretesting to test procedures and subject understanding (e.g. in focus groups).
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