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Kos, Nenad; Messner, Matthias - 2015

We study optimal selling strategies of a seller who is poorly informed about the buyer’s value for the object. When the maxmin seller only knows that the mean of the distribution of the buyer’s valuations belongs to some interval then nature can keep him to payoff zero no matter how much...

Persistent link: https://www.econbiz.de/10011307115

Robustness of a Simple Rule for the Social Cost of Carbon

Rezai, Armon; van der Ploeg, Frederick - 2014

The optimal social cost of carbon is in general equilibrium proportional to GDP if utility is logarithmic, production is Cobb-Douglas, depreciation in 100% every period, climate damages as fraction of production decline exponentially with the stock of atmospheric carbon, and fossil fuel...

Persistent link: https://www.econbiz.de/10010352387

A convex hull approach to counterfactual analysis of trade openness and growth

Funke, Michael; Gronwald, Marc - 2009

In this paper, we apply a convex hull approach to counterfactual analysis of trade openness and growth. The experiments we choose evaluate the importance of trade openness for growth across African countries. Specifically, we ask the question what would happen if African countries were more...

Persistent link: https://www.econbiz.de/10010265984

A Theory of Experimenters

Banerjee, Abhijit; Chassang, Sylvain; Montero, Sergio; … - 2017

-averse decision-makers, who make trade-offs between subjective expected performance and robustness. This framework accounts for … sample size is large enough or robustness is an important concern. We illustrate the practical value of such a framework by … studying the issue of rerandomization. Rerandomization creates a trade-off between subjective performance and robustness …

Persistent link: https://www.econbiz.de/10011744984

Hidden in Plain Sight: Influential Sets in Linear Models

Kuschnig, Nikolas; Zens, Gregor; Crespo Cuaresma, Jesús - 2021

Assessing the robustness of the results of econometric analysis is a long standing subject of lively research. The … that increased attention to inﬂuential sets is warranted and comprehensive robustness measures for regression analysis are …

Persistent link: https://www.econbiz.de/10012582044

Childcare costs and the demand for children: Evidence from a nationwide reform

Mörk, Eva; Sjögren, Anna; Svaleryd, Helena - 2010

Exploiting the exogenous variation in childcare costs caused by a Swedish childcare reform, we are able to identify the causal effect of childcare costs on fertility in a context in which childcare enrollment is almost universal, user fees are low, and the labor force participation of mothers is...

Persistent link: https://www.econbiz.de/10010333016

Ease vs. Noise: On the Conflicting Effects of Transportation Infrastructure

Ahlfeldt, Gabriel; Nitsch, Volker; Wendland, Nicolai - 2016

Many transport technologies cause a gnot ]in ]my ]backyard h (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi ]experimental research methods to disentangle the offsetting noise and...

Persistent link: https://www.econbiz.de/10011555500

Thinking of Incentivizing Care? The Effect of Demand Subsidies on Informal Caregiving and Intergenerational Transfers

Costa-i-Font, Joan; Jimenez-Martin, Sergi; Vilaplana, … - 2016

We still know little about what motivates the informal care arrangements provided in old age. The introduction of demand-side subsidies such as unconditional caregiving allowances (cash benefits designed either to incentivize the provision of informal care, or compensate for the loss of...

Persistent link: https://www.econbiz.de/10011555566

Fertility Effects of Child Benefits

Riphahn, Regina T.; Wiynck, Frederik - 2017

We exploit the 1996 reform of the German child benefit program to identify the causal effect of heterogeneous child benefits on fertility. While generally the reform increased child benefits, the exact amount of the increase varied by household income and the number of children. We use these...

Persistent link: https://www.econbiz.de/10011657186

Sorting on the Used-Car Market After the Volkswagen Emission Scandal

Strittmatter, Anthony; Lechner, Michael - 2017

The disclosure of the VW emission manipulation scandal caused a quasi-experimental market shock in the observable quality of VW diesel vehicles. We consider a classical model for adverse selection and sorting to derive an empirically testable hypothesis about the impact of observable quality on...

Persistent link: https://www.econbiz.de/10011657201