# Kjell Arne Brekke

Kjell Arne Brekke was born in August 1960. He is intelligent but unimaginative, compulsive and generally lifeless. In school he was strong in mathematics but weak in social studies and humanities*. He does, however, play jazz for a hobby.

Kjell Arne is married to Eva who is pretty, intelligent and imaginative. They have two grown up children. Eva is very fond of her two dogs, Elvis and Pi.

Kjell Arne Brekke's main research topics are:

Behavioral Economics
Advertising
Experimental Economics
Resource and Environmental Economics
Real options and stochastic analysis

*
The text is adopted from the description of "Bill" in Tversky and Kahneman, 1984: Extensional versus Intuitive Reasoning, Psychological Review, 91, 293-315. (page 297).

E-mail: k.a.brekke at econ.uio.no

## Random drawing for the study, “Risky Choice”, March 1st.

For the Pie Chart the random number was 24.

The number 24 is not in the green section of the pie, thus those choosing the pie lottery did not win.

For the random drawing, the number was:    16.

Thus participants win 1 \$ if they chose the alternative lottery (not the pie) and with 16 in the range of winning number.

## Random drawing for the study: Oscar 1

The Oscar-winner for best male actor was Gary Oldman, we congratulate!

The random number (between 1 and 10) was:   1

Participants win 1\$ if they chose the lottery and 1 was in their given range of winning numbers.

## Random drawing for the study: Oscar 2

In this study participants stated the certain amount equivalent to a 1\$ gamble on an actor. We draw one actor, which is the basis for payment.

The drawn actor is:  Gary Oldman

Gary Oldman was also the actual Oscar winner. Thus, those who stated an amount for Gary Oldman larger than the drawn amount, win 1 \$

The drawn amount was   10 cents

The winning tickets for those participating in the quiz game and survey on AMT on January 5-10, 2018 are

132 and 771.

This means, if the number 132 or 771 is in the range of lottery ticket numbers that you have received by e-mail, you have won the bonus!  (If both 132 and 771 are in your range of numbers, you have won two bonuses.)

We will process the bonus transfers before long.

## Earlier Drawing – not relevant for recent studies:

The winning tickets for those participating in the quiz game and survey on AMT on December 15 and 16, 2017 are

256 and 923.

This means, if the number 256 or 923 is in the range of lottery ticket numbers that you have received by e-mail, you have won the bonus!  (If both 256 and 923 are in your range of numbers, you have won two bonuses.)

We will process the bonus transfers before long.

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For participants at the survey on Oscar, the random drawn number was

5

Name of public draw at Random.org: Drawing #47,401 – MTurk Oscar Best Actor Study 2017

Winner of best actor: Casey Affleck

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For participants at the survey on the Iowa caucuses, the random drawn number was

57

Online record:

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For participants in the experiment on

March 5th 2015:

The central bank kept the interest rate constant at 1.25%.

The random number drawn in the lobby on March 20th was: 9