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We study a problem in which policymakers need to screen self-selected individuals by unobserved heterogeneity in social welfare gains from a policy intervention. In our framework, the marginal treatment effects and marginal treatment responses arise as key statistics to characterize social...
Persistent link: https://www.econbiz.de/10012482629
Economic policies often involve dynamic interventions, where individuals receive repeated interventions over multiple periods. This dynamics makes past responses informative to predict future responses and ultimate outcomes depend on the history of interventions. Despite these phenomena,...
Persistent link: https://www.econbiz.de/10014576590
We develop an optimal policy assignment rule that integrates two distinctive approaches commonly used in economics--targeting by observables and targeting through self-selection. Our method can be used with experimental or quasi-experimental data to identify who should be treated, be untreated,...
Persistent link: https://www.econbiz.de/10013388825
Firms and governments often use moral suasion and economic incentives to influence intrinsic and extrinsic motivations for various economic activities. To investigate the persistence of such interventions, we randomly assigned households to moral suasion and dynamic pricing that stimulate energy...
Persistent link: https://www.econbiz.de/10012457756