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This paper experimentally examines whether looking at other peopleś pricing decisions is a type of heuristic - a decisionmaking rule - that people use even when it is not applicable, as in the case of clearly private value goods. We find evidence that this indeed is the case - an individualś...
Persistent link: https://www.econbiz.de/10008658436
We introduce a dynamic network model with probabilistic link functions that depend on stochastically time-varying parameters. We adopt the widely used blockmodel framework and allow the highdimensional vector of link probabilities to be a function of a low-dimensional set of dynamic factors. The...
Persistent link: https://www.econbiz.de/10011562907
School districts in the US and around the world are increasingly moving away from traditional neighborhood school … design theory. The literature on school choice is reviewed with emphasis placed on the trade-offs among policy objectives and …
Persistent link: https://www.econbiz.de/10013172122
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This paper considers the problem of making inferences about the effects of a program on multiple outcomes when the assignment of treatment status is imperfectly randomized. By imperfect randomization we mean that treatment status is reassigned after an initial randomization on the basis of...
Persistent link: https://www.econbiz.de/10014447303