Showing 1 - 10 of 11
We propose and experimentally test two tractable methods to incentivize the elicitation of private information: Benchmark and Coordination. Both mechanisms capitalize on the false consensus effect, a well-documented phenomenon that follows Bayesian reasoning. That is, individuals use their own...
Persistent link: https://www.econbiz.de/10012103387
We use a lab-in-the-field experiment to investigate intra-couple labor supply decisions and the division of housework under individual and joint income taxation systems. In order to eliminate problems of endogenous intra-couple time use decisions, we exogenously varied not only the taxation...
Persistent link: https://www.econbiz.de/10011500711
We compare seven established risk elicitation methods and investigate how robustly they explain eleven kinds of risky behavior with 760 individuals. Risk measures are positively correlated; however, their performance in explaining behavior is heterogeneous and, therefore, difficult to assess ex...
Persistent link: https://www.econbiz.de/10012041130
Preventing overfishing at Lake Victoria is a typical situation where policies have to rely on norm-based interventions to improve outcomes. Our lab-in-the-field experiment studies how information about high or low levels of previous cooperation affects the creation of social norms in a...
Persistent link: https://www.econbiz.de/10012214929
Recent experimental research has examined whether contributions to public goods can be traced back to intuitive or deliberative decision-making, using response times in public good games in order to identify the specific decision process at work. In light of conflicting results, this paper...
Persistent link: https://www.econbiz.de/10010362897
We report results from a large randomized natural field experiment conducted in southwestern China in the context of insurance for sows. Our study sheds light on two important questions about microinsurance. First, how does access to formal insurance affect farmers' production decisions? Second,...
Persistent link: https://www.econbiz.de/10014203634
While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals' range of trading partners. This paper aims at understanding the determinants of trust at various social distances when information asymmetries are present....
Persistent link: https://www.econbiz.de/10003968672
We formalize the optimal design of experiments when there is interference between units, i.e. an individual's outcome depends on the outcomes of others in her group. We focus on randomized saturation designs, two-stage experiments that first randomize treatment saturation of a group, then...
Persistent link: https://www.econbiz.de/10012965296
This paper formalizes the design of experiments intended specifically to study spillover effects. By first randomizing the intensity of treatment within clusters and then randomly assigning individual treatment conditional on this cluster-level intensity, a novel set of treatment effects can be...
Persistent link: https://www.econbiz.de/10013046286
This paper formalizes the design of experiments intended specifically to study spillover effects. By first randomizing the intensity of treatment within clusters and then randomly assigning individual treatment conditional on this cluster-level intensity, a novel set of treatment effects can be...
Persistent link: https://www.econbiz.de/10014134995