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The purpose of this study is to provide guidance to those who analyze data from repeated-game experiments. In particular, I propose the use of heteroskedasticity-autocorrelation consistent (HAC) covariance estimators for panel data, which allows researchers to conduct hypothesis tests without...
Persistent link: https://www.econbiz.de/10011107720
As an alternative to analyzing field data, our research utilizes controlled laboratory experiments with human decision makers and salient financial incentives. Within the laboratory, we determine (hence, know) the true tax liability, and then identify the effects of information services by...
Persistent link: https://www.econbiz.de/10011108335
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Persistent link: https://www.econbiz.de/10011109983
Publicly reported information on the environmental behavior of firms can increase the efficacy of private markets as a mechanism to control environmental malfeasance through liability for harm, consumer demand response, and shareholder reaction. In the case of mandatory information disclosure...
Persistent link: https://www.econbiz.de/10011110013
Two methods for calibrating discrete choice contingent valuation responses—the dichotomous choice with follow-up certainty question method of and the multiple-bounded method of —are evaluated using data from a field validity comparison of hypothetical and actual participation decisions in a...
Persistent link: https://www.econbiz.de/10005562254
This article considers whether communication can improve the efficacy of incentive mechanisms designed to correct the problem of moral hazard in groups. In particular, we use experimental economics methods to study environmental targeting instruments proposed by Segerson (1988) for regulating a...
Persistent link: https://www.econbiz.de/10005568406
Persistent link: https://www.econbiz.de/10008285588
Persistent link: https://www.econbiz.de/10010058370
In multiple bounded discrete choice (MBDC) surveys, respondents indicate how certain they would be to vote in favor of a policy at different prices by choosing, for example, among “definitely yes”, “probably yes”, “not sure”, “probably no”, and “definitely no” response...
Persistent link: https://www.econbiz.de/10011257735