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perspective of economists in other subdisciplines. We argue that the historical natural experiment represents a methodological …
Persistent link: https://www.econbiz.de/10012479278
This paper examines potential tradeoffs between research methods in answering important questions versus providing more cleanly identified estimates on problems that are potentially of lesser interest. The strengths and limitations of experimental and quasi-experimental methods are discussed and...
Persistent link: https://www.econbiz.de/10012480971
Experimental economics represents a strong growth industry. In the past several decades the method has expanded beyond intellectual curiosity, now meriting consideration alongside the other more traditional empirical approaches used in economics. Accompanying this growth is an influx of new...
Persistent link: https://www.econbiz.de/10012462951
Randomized experiments have become a popular tool in development economics research, and have been the subject of a number of criticisms. This paper reviews the recent literature, and discusses the strengths and limitations of this approach in theory and in practice. We argue that the main...
Persistent link: https://www.econbiz.de/10012464180
How should researchers design panel data experiments? We analytically derive the variance of panel estimators, informing power calculations in panel data settings. We generalize Frison and Pocock (1992) to fully arbitrary error structures, thereby extending McKenzie (2012) to allow for...
Persistent link: https://www.econbiz.de/10012480194
We leverage a large-scale incentivized survey eliciting behaviors from (almost) an entire university student population, a representative sample of the U.S. population, and Amazon Mechanical Turk (MTurk) to address concerns about the external validity of experiments with student participants....
Persistent link: https://www.econbiz.de/10012452940
This paper describes results of a pair of incentivized experiments on biases in judgments about random samples. Consistent with the Law of Small Numbers (LSN), participants exaggerated the likelihood that short sequences and random subsets of coin flips would be balanced between heads and tails....
Persistent link: https://www.econbiz.de/10012453787
This paper proposes a decision-theoretic framework for experiment design. We model experimenters as ambiguity …
Persistent link: https://www.econbiz.de/10012453845
When an upstream monopolist supplies several competing downstream firms, it may fail to monopolize the market because it is unable to commit not to behave opportunistically. We build on previous experimental studies of this well-known commitment problem by introducing communication. Allowing the...
Persistent link: https://www.econbiz.de/10012456456
Understanding whether labor market discrimination explains inferior labor market outcomes for many groups has drawn the attention of labor economists for decades - at least since the publication of Gary Becker's The Economics of Discrimination in 1957. The decades of research on discrimination...
Persistent link: https://www.econbiz.de/10012456651