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Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...
Persistent link: https://www.econbiz.de/10012470948
In this chapter, we discuss field experiments in surveys that are conducted with the purpose of learning about expectation formation and the link between expectations and behavior. We begin by reviewing the rationale for conducting experiments within surveys, rather than just relying on...
Persistent link: https://www.econbiz.de/10012938719
a laboratory experiment and through a field application …
Persistent link: https://www.econbiz.de/10012794643
experiments and to suggest ways of correcting for inherent limitations of them. Although the major motivation for an experiment is …
Persistent link: https://www.econbiz.de/10012478042
What was once broadly viewed as an impossibility - learning from experimental data in economics - has now become commonplace. Governmental bodies, think tanks, and corporations around the world employ teams of experimental researchers to answer their most pressing questions. For their part, in...
Persistent link: https://www.econbiz.de/10012479407
fairness. We corroborate the interpretation of our findings with a choice experiment of a costly decision to donate money to a …
Persistent link: https://www.econbiz.de/10012479534
I develop a model of a randomized experiment with a binary intervention and a binary outcome. Potential outcomes in the …. The model relies on the randomization within the experiment and on deductive reasoning. I apply the model to an important …
Persistent link: https://www.econbiz.de/10012479621
Many real-life settings of consumer-choice involve social interactions, causing targeted policies to have spillover-effects. This paper develops novel empirical tools for analyzing demand and welfare-effects of policy-interventions in binary choice settings with social interactions. Examples...
Persistent link: https://www.econbiz.de/10012479897
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we … parameterize seventeen common structural models (e.g., expected utility, cumulative prospect theory). Subjects also make twelve …
Persistent link: https://www.econbiz.de/10012480452
Many studies use shift-share (or "Bartik") instruments, which average a set of shocks with exposure share weights. We provide a new econometric framework for such designs in which identification follows from the quasi-random assignment of shocks, allowing exposure shares to be endogenous. This...
Persistent link: https://www.econbiz.de/10012480650