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作者:Budish, Eric; Cantillon, Estelle
作者单位:University of Chicago; Solvay SA; Universite Libre de Bruxelles; Universite Libre de Bruxelles
摘要:We use theory and field data to study the draft mechanism used to allocate courses at Harvard Business School. We show that the draft is manipulable in theory, manipulated in practice, and that these manipulations cause significant welfare loss. Nevertheless, we find that welfare is higher than under its widely studied strategyproof alternative. We identify a new link between fairness and welfare that explains why the draft performs well despite the costs of strategic behavior, and then design...
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作者:Kessler, Judd B.; Roth, Alvin E.
作者单位:University of Pennsylvania; Harvard University; Harvard University
摘要:Organ donations from deceased donors provide the majority of transplanted organs in the United States, and one deceased donor can save numerous lives by providing multiple organs. Nevertheless, most Americans are not registered organ donors despite the relative ease of becoming one. We study in the laboratory an experimental game modeled on the decision to register as an organ donor and investigate how changes in the management of organ waiting lists might impact donations. We find that an org...
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作者:Gorodnichenko, Yuriy; Mendoza, Enrique G.; Tesar, Linda L.
作者单位:University of California System; University of California Berkeley; National Bureau of Economic Research; University System of Maryland; University of Maryland College Park; University of Michigan System; University of Michigan
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作者:Sims, Christopher A.
作者单位:Princeton University
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作者:Aiyar, Shekhar
作者单位:International Monetary Fund
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作者:Cetorelli, Nicola; Goldberg, Linda S.
作者单位:Federal Reserve System - USA; Federal Reserve Bank - New York
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作者:Einav, Liran; Finkelstein, Amy; Pascu, Iuliana; Cullen, Mark R.
作者单位:Stanford University; National Bureau of Economic Research; Massachusetts Institute of Technology (MIT); Stanford University
摘要:We analyze the extent to which individuals' choices over five employer-provided insurance coverage decisions and one 401(k) investment decision exhibit systematic patterns, as would be implied by a general utility component of risk preferences. We provide evidence consistent with an important domain-general component that operates across all insurance choices. We find a considerably weaker relationship between one's insurance decisions and 401(k) asset allocation, although this relationship ap...
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作者:Iizuka, Toshiaki
作者单位:University of Tokyo
摘要:I examine physician agency in health care services in the context of the choice between brand-name and generic pharmaceuticals. I examine micro-panel data from Japan, where physicians can legally make profits by prescribing and dispensing drugs. The results indicate that physicians often fail to internalize patient costs, explaining why cheaper generics are infrequently adopted. Doctors respond to markup differentials between the two versions, indicating another agency problem. However, generi...
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作者:Barlevy, Gadi; Neal, Derek
作者单位:Federal Reserve System - USA; Federal Reserve Bank - Chicago; University of Chicago; University of Chicago
摘要:We propose an incentive scheme for educators that links compensation to the ranks of their students within comparison sets. Under certain conditions, this scheme induces teachers to allocate socially optimal levels of effort. Moreover, because this scheme employs only ordinal information, it allows education authorities to employ completely new assessments at each testing date without ever having to equate various assessments. This removes incentives for teachers to teach to a particular asses...
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作者:Dahl, Gordon B.; Lochner, Lance
作者单位:University of California System; University of California San Diego; Western University (University of Western Ontario)
摘要:Using an instrumental variables strategy, we estimate the causal effect of income on children's math and reading achievement. Our identification derives from the large, nonlinear changes in the Earned Income Tax Credit. The largest of these changes increased family income by as much as 20 percent, or approximately $2,100, between 1993 and 1997. Our baseline estimates imply that a $1,000 increase in income raises combined math and reading test scores by 6 percent of a standard deviation in the ...