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作者:Andrews, Rodney J.; Logan, Trevon D.
作者单位:University of Texas System; University of Texas Dallas; University System of Ohio; Ohio State University; National Bureau of Economic Research
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作者:Ashraf, Nava; Berry, James; Shapiro, Jesse M.
作者单位:Harvard University; Cornell University; University of Chicago
摘要:The controversy over how much to charge for health products in the developing world rests, in part, on whether higher prices can increase use, either by targeting distribution to high-use households (a screening effect), or by stimulating use psychologically through a sunk-cost effect. We develop a methodology for separating these two effects. We implement the methodology in a field experiment in Zambia using door-to-door marketing of a home water purification solution. We find evidence of eco...
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作者:Hadsell, Lester
作者单位:State University of New York (SUNY) System
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作者:Hoff, Karla; Stiglitz, Joseph E.
作者单位:The World Bank; Columbia University
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作者:Weizsaecker, Georg
作者单位:Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung
摘要:The paper presents a meta dataset covering 13 experiments on social learning games. It is found that in situations where it is empirically optimal to follow others and contradict one's own information, the players err in the majority of cases, forgoing substantial parts of earnings. The average player contradicts her own signal only if the empirical odds ratio of the own signal being wrong, conditional on all available information, is larger than 2:1, rather than 1:1 as would be implied by rat...
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作者:Alger, Ingela; Weibull, Jorgen W.
作者单位:Carleton University; Stockholm School of Economics
摘要:We analyze how family ties affect incentives, with focus on the strategic interaction between two mutually altruistic siblings. The siblings exert effort to produce output under uncertainty, and they may transfer output to each other. With equally altruistic siblings, their equilibrium effort is nonmonotonic in the common degree of altruism, and it depends on the harshness of the environment. We define a notion of local evolutionary stability of degrees of sibling altruism and show that this d...
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作者:Mavroeidis, Sophocles
作者单位:Brown University
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作者:Artuc, Erhan; Chaudhuri, Shubham; McLaren, John
作者单位:Koc University; The World Bank; University of Virginia
摘要:The welfare effects of trade shocks turn on the nature and magnitude of the costs workers face in moving between sectors. Using an Euler-type equilibrium condition derived from a rational expectations model of dynamic labor adjustment, we estimate the mean and variance of workers' switching costs from the US CPS. We estimate high values of both parameters, implying slow adjustment of the economy and sharp movements in wages in response to trade shocks. However, import-competing workers can sti...
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作者:Chiteji, Ngina
作者单位:Skidmore College
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作者:Stiglitz, Joseph E.
作者单位:Columbia University