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Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...
Persistent link: https://www.econbiz.de/10012470948
bidding for antiques than for computers. We also find scale independence in the distribution over time of bidders' last bids …
Persistent link: https://www.econbiz.de/10012471021
In this paper, we exploit a 'natural experiment' associated with human reproduction to identify the effect of teen childbearing on subsequent educational attainment, family structure, labor market outcomes and financial self-sufficiency. In particular, we exploit the fact that a substantial...
Persistent link: https://www.econbiz.de/10012471388
In this chapter, we discuss field experiments in surveys that are conducted with the purpose of learning about expectation formation and the link between expectations and behavior. We begin by reviewing the rationale for conducting experiments within surveys, rather than just relying on...
Persistent link: https://www.econbiz.de/10012938719
This paper presents a framework for how to incorporate prior sources of information into the design of a sequential experiment. These sources can include previous experiments, expert opinions, or the experimenter's own introspection. We formalize this problem using a multi-prior Bayesian...
Persistent link: https://www.econbiz.de/10012938725
Theoretically, indivisible investments together with financial frictions can lower development, generate poverty traps, and lead agents to become risk-loving. Using experimental cash grants involving a choice between a safer, low payoff and a riskier, large payoff lottery, we find that 27...
Persistent link: https://www.econbiz.de/10012938742
Reflection Test. In laboratory experiments with 1,236 college students in Nairobi, we implement three incentive levels: no …
Persistent link: https://www.econbiz.de/10012510529
Under majoritarian election systems, securing participation and representation of minorities remains an open problem, made salient in the US by its history of voter suppression. One remedy recommended by the courts is Cumulative Voting (CV): each voter has as many votes as open positions and can...
Persistent link: https://www.econbiz.de/10012510552
We study the role of diversity and performance in the entrepreneurial teams. We exploit a unique dataset of MBA students who participated in a required course to propose and start a real micro-business that allows us to examine horizontal diversity (i.e., within the team) as well as vertical...
Persistent link: https://www.econbiz.de/10012510562
Because successful human capital interventions often fail to scale or replicate, public investment decisions require understanding how program size, context, and implementation shape program effects. This paper uses two new randomized controlled trials of summer youth employment programs in...
Persistent link: https://www.econbiz.de/10012510583