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The Economics of Child Well-Being
Conti, Gabriella; Heckman, James J. - National Bureau of Economic Research (NBER) - 2012
This paper presents an integrated economic approach that organizes and interprets the evidence on child development. It also discusses the indicators of child well-being that are used in international comparisons. Recent evidence on child development is summarized, and policies to promote child...
Persistent link: https://www.econbiz.de/10010584099
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The Articulation Effect of Government Policy: Health Insurance Mandates Versus Taxes
Ericson, Keith Marzilli; Kessler, Judd B. - National Bureau of Economic Research (NBER) - 2013
We examine how the articulation of government policy affects behavior. Our experiment compares a government mandate to purchase health insurance to a financially equivalent tax on the uninsured. Participants report their probability of purchasing health insurance under one of the two...
Persistent link: https://www.econbiz.de/10010950663
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Applying Insights from Behavioral Economics to Policy Design
Madrian, Brigitte C. - National Bureau of Economic Research (NBER) - 2014
The premise of this article is that an understanding of psychology and other social science disciplines can inform the effectiveness of the economic tools traditionally deployed in carrying out the functions of government, which include remedying market failures, redistributing income, and...
Persistent link: https://www.econbiz.de/10010951445
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Defaults and Attention: The Drop Out Effect
Caplin, Andrew; Martin, Daniel J. - National Bureau of Economic Research (NBER) - 2012
When choice options are complex, policy makers may seek to reduce decision making errors by making a high quality option the default. We show that this positive effect is at risk because such a policy creates incentives for decision makers to "drop out" by paying no attention to the decision and...
Persistent link: https://www.econbiz.de/10011227926
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Energy Policy with Externalities and Internalities
Mullainathan, Sendhil; Allcott, Hunt; Taubinsky, Dmitry - National Bureau of Economic Research (NBER) - 2012
We analyze optimal policy when consumers of energy-using durables undervalue energy costs relative to their private optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset distortions from underinvestment in energy efficiency....
Persistent link: https://www.econbiz.de/10011227933
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Public Goods Provision in the Presence of Heterogeneous Green Preferences
Price, Michael K.; Jacobsen, Mark; LaRiviere, Jacob - National Bureau of Economic Research (NBER) - 2014
We develop a model of the private provision of public goods in a world where agents face convex costs of provision. Consonant with prior empirical evidence, we introduce preference heterogeneity by allowing a subset of agents to exhibit pro-social behavior that reflects "green" preferences. We...
Persistent link: https://www.econbiz.de/10010821969
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When Consumers Do Not Make an Active Decision: Dynamic Default Rules and their Equilibrium Effects
Ericson, Keith M. Marzilli - National Bureau of Economic Research (NBER) - 2014
Dynamic defaults for recurring purchases determine what happens to consumers enrolled in a product or service who take no action at a decision point. Consumers may face automatic renewal, automatic switching, or non-purchase defaults. Privately optimal dynamic defaults depend on the...
Persistent link: https://www.econbiz.de/10010822023
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Using Field Experiments to Address Environmental Externalities and Resource Scarcity: Major Lessons Learned and New Directions for Future Research
Price, Michael K. - National Bureau of Economic Research (NBER) - 2015
This article provides an overview of the use of field experiments in energy and resource economics. I concentrate on two areas of study; field experiments that (i) speak to the use of dynamic pricing plans to manage the use of electricity and water and (ii) explore the adoption of energy saving...
Persistent link: https://www.econbiz.de/10011123632
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Preference for Boys, Family Size and Educational Attainment in India
Kugler, Adriana D.; Kumar, Santosh - National Bureau of Economic Research (NBER) - 2015
number of children and investments in education and health of their children. To address the endogeneity due to the joint … determination of quantity and quality of children by parents, we instrument family size with the gender of the first child which is … plausibly random. Given a strong son-preference in India, parents tend to have more children if the first born is a girl. Our IV …
Persistent link: https://www.econbiz.de/10011276432
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Inference with Imperfect Randomization: The Case of the Perry Preschool Program
Shaikh, Azeem M.; Heckman, James J.; Pinto, Rodrigo; … - National Bureau of Economic Research (NBER) - 2011
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/10009652903