作者：Choi, Syngjoo; Fisman, Raymond; Gale, Douglas; Kariv, Shachar
作者单位：University of London; University College London; Columbia University; New York University; University of California System; University of California Berkeley
摘要：By using graphical representations of simple portfolio choice problems, we generate a very rich dataset to study behavior under uncertainty at the level of the individual subject. We test the data for consistency with the maximization hypothesis, and we estimate preferences using a two-parameter utility function based on Faruk Gul (1991). This specification provides a good interpretation of the data at the individual level and can account for the highly heterogeneous behaviors observed in the ...
作者：Doyle, Joseph J., Jr.
作者单位：Massachusetts Institute of Technology (MIT)
摘要：Little is known about the effects of placing children who are abused or neglected into foster care. This paper uses the placement tendency of child protection investigators as an instrumental variable to identify causal effects of foster care on long-term outcomes-including juvenile delinquency, teen motherhood, and employment-among children in Illinois where a rotational assignment process effectively randomizes families to investigators. Large marginal treatment effect estimates suggest caut...
作者：Rose, Andrew K.
作者单位：University of California System; University of California Berkeley
