Date: 2019
Type: Article
Real-time interactions in oTree using Django channels : auctions and real effort tasks
Journal of behavioral and experimental finance, 2019, Vol. 23, pp. 114-123
CHAPKOVSKI, Philipp, KUJANSUU, Essi Susanna, Real-time interactions in oTree using Django channels : auctions and real effort tasks, Journal of behavioral and experimental finance, 2019, Vol. 23, pp. 114-123
- https://hdl.handle.net/1814/66021
Retrieved from Cadmus, EUI Research Repository
oTree, a popular platform for conducting behavioral experiments, exchanges data only as a participant exits or enters a web page. In many situations, however, information needs to be gathered and delivered instantaneously. This paper demonstrates a way to add real-time interactions to oTree and presents two ready-made apps: a double auction and a gift exchange with a real effort task. Many auction designs, including the double auction, use time constraints and carry out sales as soon as an ask and a bid are compatible. Instantaneous flow of information is thus a core requirement for programming these auctions in the first place. The real effort task measuring the number of correct answers within a time limit, on the other hand, benefits from the extra flexibility and security that Django Channels provides. Furthermore, real effort tasks are a simple starting point for building real-time interaction apps with oTree. (C) 2019 Elsevier B.V. All rights reserved.
Additional information:
Available online 3 June 2019
Cadmus permanent link: https://hdl.handle.net/1814/66021
Full-text via DOI: 10.1016/j.jbef.2019.05.008
ISSN: 2214-6350; 2214-6369
Publisher: Elsevier
Sponsorship and Funder information:
Russian Academic Excellence Subsidy, Project '5-100' Academy of FinlandAcademy of Finland
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