A business plan competition is conducted to test whether survey instruments or panel judges are able to identify the fastest growing firms. Participants submitted six- to eight-page business plans and defended them before a three- or four-judge panel. Applicants are surveyed shortly after they...

We examine a largely unexplored source of downward bias in peer effect estimation, namely, exclusion bias. We derive formulas for the magnitude of the bias in tests of random peer assignment, and for the combined reflection and exclusion bias in peer effect estimation. We show how to...

This paper investigates the relationship between criminal activity and geographical isolation. Using data from Madagascar, we show that, after we control for population composition and risk factors, crime increases with distance from urban centers and, with few exceptions, decreases with...