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Achieving efficiency for many global environmental problems requires voluntary cooperation among sovereign countries due to the public good nature of pollution abatement. The theory of international environmental agreements (IEAs) in economics seeks to understand how cooperation among countries...
Persistent link: https://www.econbiz.de/10013052684
and show they behave well in realistic scenarios, correcting the large bias problem of the full sample estimator. We use … data from the National JTPA Study and the Tennessee STAR experiment to demonstrate the performance of alternative …
Persistent link: https://www.econbiz.de/10013071514
teachers' classrooms, prior research has largely focused on the validity of value-added measures. We conduct an experiment …
Persistent link: https://www.econbiz.de/10012954918
need for a nonlinear utility-of-wealth function, and instead results from a sort of perceptual bias — but one that … numerical cognition, and test its ability to explain the choice frequencies that we observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012959374
relative to non-coethnics. The results run strongly against the common presumption of extensive ethnic bias among ordinary …
Persistent link: https://www.econbiz.de/10013011930
This paper develops and applies semiparametric econometric methods to estimate the form of selection bias that arises … econometric selection model which represents the bias solely as a function of the probability of participation; and (c) the method … of difference-in-differences. Using data from an experiment on a prototypical social program combined with unusually rich …
Persistent link: https://www.econbiz.de/10013232004
This paper considers causal inference and sample selection bias in non-experimental settings in which: (i) few units in …-treatment characteristics. We propose the use of propensity score matching methods and implement them using data from the NSW experiment … and compare the estimates of the treatment effect obtained using our methods to the benchmark results from the experiment …
Persistent link: https://www.econbiz.de/10013214591
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates … misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory …
Persistent link: https://www.econbiz.de/10013144509
reliance on intuitions. In none of the tasks are very high stakes sufficient to de-bias participants, or come even close to …
Persistent link: https://www.econbiz.de/10014239199
This paper estimates social effects of incentivizing people in teams. In two field experiments featuring exogenous team formation and opportunities for repeated social interactions, we find large team effects that operate through social channels. The team compensation system induced agents to...
Persistent link: https://www.econbiz.de/10013131446