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This paper investigates whether policies that encourage recipients to exit welfare for full-time employment influence participation in educational activity. The Self-Sufficiency Project (‘SSP’) was a demonstration project where long-term welfare recipients randomly assigned to the treatment...
Persistent link: https://www.econbiz.de/10011056224
Science and technology evolve fast both as a result of their internal dynamics and the increased emphasis on research and innovation in the so-called knowledge economy. Due attention to ethical issues and aspects of emerging science and technology is called for. This paper presents the...
Persistent link: https://www.econbiz.de/10011130160
Horizontal axis wind turbines (HAWTs) are the mainstream of wind power industry in the world; however, as turbines are becoming bigger, the maintenance of equipments grows more complex and costs much higher. Compared with HAWTs, Darrieus vertical axis wind turbines (VAWTs) have more technological...
Persistent link: https://www.econbiz.de/10011117063
This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10005227969
The efficient aggregation of information is a prerequisite for the operation of a democratic system. In order for political office-holders to act responsively so that policy outcomes reflect public sentiments, sufficient levels of information about their actions must be aggregated within the...
Persistent link: https://www.econbiz.de/10011135407
Spending caps have become popular as a means to curb public expenditure. But the effect of spending caps is unsettled both theoretically and empirically. The most thorough treatment of the issue is provided by Ferejohn and Krehbiel, who argue that it is necessary to take preferences of...
Persistent link: https://www.econbiz.de/10011135465
We test the claim that game form misconception among subjects making choices through the Becker-DeGroot-Marschak (BDM) value elicitation procedure provides an explanation for the endowment effect, as suggested by Cason and Plott (forthcoming). We employ a design that allows us to clearly...
Persistent link: https://www.econbiz.de/10011086456
One of the major story lines of the growth of civilization is the advance of the experiment. From the food we eat to the diseases we conquer to our understanding of how we think and behave, we have profited enormously from an approach that marries our models of the world with tests of their...
Persistent link: https://www.econbiz.de/10010559574
Virtual worlds can allow experimental researchers to create and examine settings with far more institutional complexity than is possible in a traditional laboratory setting. This document discusses how studies with greater complexity can complement more traditional experimental methods for those...
Persistent link: https://www.econbiz.de/10010693693
The 19th and 20th centuries produced breakthroughs in physics, chemistry, and the biological sciences. Laboratory research played an important role in the rapid advances made in these fields. Laboratory research can also contribute progress in the social sciences and, in particular, to law and...
Persistent link: https://www.econbiz.de/10010634217