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In 1996, following an epidemic, Pfizer tested a new drug on 200 children in Muslim Nigeria. 11 children died while … others were disabled. We study the effects of the disclosure, in 2000, of the deaths of Muslim children in the Pfizer trials … on vaccine compliance among Muslim mothers. Muslim mothers reduced routine vaccination of children born after the 2000 …
Persistent link: https://www.econbiz.de/10014372412
In discussing the paradoxical violation of expected utility theory that now bears his name, Maurice Allais noted that individuals tend to "greatly value" payoffs that are certain. Allais' observation would seem to imply that people will undervalue insurance relative to the predictions of...
Persistent link: https://www.econbiz.de/10012480679
Recent discoveries in behavioral economics have led to important new insights concerning what can happen in markets. Such gains in knowledge have come primarily via laboratory experiments--a missing piece of the puzzle in many cases is parallel evidence drawn from naturally-occurring field...
Persistent link: https://www.econbiz.de/10012463027
Prior research, primarily based on lab experiments, suggests that females might be more averse to competition than males and could be more inclined towards collaboration, instead. Were these findings to generalize to adults across the workforce, there could be profound implications for...
Persistent link: https://www.econbiz.de/10013210090
Collateral requirements play an important role in credit markets. This paper shows that the endowment effect--the phenomenon where owing a good increases one's valuation of it--inhibits demand for loans which use a borrower's existing assets as collateral. Using a field experiment in Kenya, we...
Persistent link: https://www.econbiz.de/10013210101
Surveys are an essential approach for eliciting otherwise invisible factors such as perceptions, knowledge and beliefs, attitudes, and reasoning. These factors are critical determinants of social, economic, and political outcomes. Surveys are not merely a research tool. They are also not only a...
Persistent link: https://www.econbiz.de/10013388883
We study the demand for government participation in China's venture capital and private equity market. We conduct a large-scale, non-deceptive field experiment in collaboration with the leading industry service provider, through which we survey both sides of the market: the capital investors and...
Persistent link: https://www.econbiz.de/10013334380
. We conduct a field experiment to elicit time preferences of over 1,200 children ages 3-12, who make several intertemporal … that time preferences evolve substantially during this period, with younger children displaying more impatience than older … children. We also find a strong association with race: black children, relative to white or Hispanic children, are more …
Persistent link: https://www.econbiz.de/10012479543
stimulation program in Colombia, whose target population were low-income households with children aged 12 to 24 months at baseline …-child interactions and other maternal behaviors that foster the development of children's cognitive and non-cognitive skills. We show …
Persistent link: https://www.econbiz.de/10012480460
investments in children, starting from encouraging pre-natal and maternal care and early childhood health interventions and … children age 7-15 who are not enrolled in school. Wage labor for 13-15 year olds was reduced by at least one-third. We also …
Persistent link: https://www.econbiz.de/10012453050