Showing 1 - 10 of 213
demonstrate that the inconsistency between theory and reality is driven by a fundamental failure in consumer inferences when …
Persistent link: https://www.econbiz.de/10011262923
The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary proposals are each granted a single extra bonus vote to cast as desired - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a simple sufficient...
Persistent link: https://www.econbiz.de/10005777626
prove to be valuable tools in forecasting, decision-making and risk management -- in both the public and private sectors …
Persistent link: https://www.econbiz.de/10005034916
This paper uses Roy's model of sorting behavior to study welfare implication of current health care data production infrastructure that relies on solicitation of research subjects. We show that due to severe adverse-selection issues, directionality of bias cannot be established and welfare may...
Persistent link: https://www.econbiz.de/10010950736
People respond to those who ask. Within the charitable fundraising community, the power of the ask represents the backbone of most fundraising strategies. Despite this, the optimal design of communication strategies has received less formal attention. For their part, economists have recently...
Persistent link: https://www.econbiz.de/10010950806
This study showcases the usefulness of field experiments to the study of environmental and resource economics. Our focus pertains to work related to field experiments in the area of 'behavioral' environmental and resource economics. Within this rubric, we discuss research in two areas: those...
Persistent link: https://www.econbiz.de/10010950889
We study whether actions are justified by beliefs, as is usually assumed, or whether beliefs are justified by actions. In our experiment, subjects participate in a trust game, after which they have an opportunity to state their beliefs about their opponent's actions. Subsequently, subjects...
Persistent link: https://www.econbiz.de/10010951363
This paper tests how migrants’ willingness to remit changes when given the ability to direct remittances to educational purposes using different forms of commitment. Variants of a dictator game in a lab-in-the-field experiment with Filipino migrants in Rome are used to examine remitting...
Persistent link: https://www.econbiz.de/10011252330
Democratic systems are built, with good reason, on majoritarian principles, but their legitimacy requires the protection of strongly held minority preferences. The challenge is to do so while treating every voter equally and preserving aggregate welfare. One possible solution is <i>Storable Votes</i>:...
Persistent link: https://www.econbiz.de/10005248771
field experiments can yield important insights into economic theory and provide useful guidance to policymakers. I also draw …
Persistent link: https://www.econbiz.de/10005084551