Dataset from an experiment on transitivity

Area of Science:

• Experimental economics
• Consumer behavior research
• Decision-making under constraints

Background:

• Experimental economics utilizes laboratory methods to analyze human interactions in social contexts.
• Evaluating the transitivity of consumer preferences is crucial for understanding economic decision-making.

Purpose of the Study:

• To assess the transitivity of consumer preferences under varying economic conditions.
• To investigate how factors like budget restrictions, price changes, and income alterations influence preference consistency.

Main Methods:

• An experiment was conducted in two phases: a pilot phase for instrument calibration and a main phase.
• The main experiment involved 70 subjects from Ecuador's central bank and Catholic University.
• Data were collected on consumer choices across three scenarios: no restrictions, budget/price changes, and decreased income.

Main Results:

• The study analyzed preference transitivity across diverse demographic groups (gender, employment, age, economic position).
• Results provide insights into how different economic situations affect the consistency of consumer choices.
• Data from subjects with varied characteristics were systematically recorded for preference evaluation.

Conclusions:

• The experiment successfully generated data on consumer preference transitivity under controlled economic scenarios.
• Findings contribute to a deeper understanding of economic behavior and decision-making processes.
• The study highlights the impact of economic constraints on the rationality of consumer choices.