PERSUASION BIAS IN SCIENCE: CAN ECONOMICS HELP?

成果类型:
Article
署名作者:
Di Tillio, Alfredo; Ottaviani, Marco; Sorensen, Peter Norman
署名单位:
Bocconi University; University of Copenhagen
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/ecoj.12515
发表日期:
2017
页码:
F266-F304
关键词:
trial randomization alternation
摘要:
We investigate the impact of conflicts of interests on randomised controlled trials in a game-theoretic framework. A researcher seeks to persuade an evaluator that the causal effect of a treatment outweighs its cost, to justify acceptance. The researcher can use private information to manipulate the experiment in three alternative ways: (i) sampling subjects based on their treatment effect, (ii) assigning subjects to treatment based on their baseline outcome, or (iii) selectively reporting experimental outcomes. The resulting biases have different welfare implications: for sufficiently high acceptance cost, in our binary illustration the evaluator loses in cases (i) and (iii) but benefits in case (ii).