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| Registros recuperados: 39 | |
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| Hudson, Darren. |
| The roots and uses of economic experiments in problem solving and hypothesis testing are explored in the present article. The literature suggests that the primary advantage of economics experiments is the ability to use controlled stimuli to test economic hypotheses. Other literature also suggests that experiments are useful in problem solving settings. The advantages and disadvantages of experiments are discussed. |
| Tipo: Journal Article |
Palavras-chave: Experiments; Problem solving; Hypothesis testing; C81; C91; C92; C93. |
| Ano: 2003 |
URL: http://purl.umn.edu/43209 |
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| Huang, Ju-Chin; Smith, V. Kerry. |
| This paper argues that the widespread belief that discrete contingent valuation (CV) questions yield substantially larger estimates of the mean (and the median) willingness to pay (WTP) for nonmarket environmental resources in comparison to estimates from open-ended CV questions is unfounded. A set of Monte Carlo experiments estimate the factors influencing the performance of WTP estimates based on discrete response models. Most of the error in the WTP estimates arises from the specification errors that are common in most of the empirical models used in the literature. These experiments suggest models based on choices where WTP is dominated by non use (or passive use) values are likely to have smaller errors than where large use values influence these... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Discrete response contingent valuation; Monte Carlo; Non-market valuation; Financial Economics; C93; D12; Q2. |
| Ano: 1997 |
URL: http://purl.umn.edu/10546 |
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| Chou, Wan-Jung; Bigano, Andrea; Hunt, Alistair; La Branche, Stephane; Markandya, Anil; Pierfederici, Roberta. |
| The security of natural gas supply is an important issue for all EU countries due to the region’s heavy dependence on imported supply sources and in light of energy demand for gas that is continuously increasing. Discussions have emphasised strategies for securing the supply at the macro level, e.g. diversification in supply sources, increase in storage capacity, etc. By contrast, consumers’ demand for the reliability of gas supply is rarely investigated. Hence this study was conducted to examine the economic implications associated with the security of gas supply directly to domestic consumers. Based on the choice experiment approach, household surveys were conducted in France, Italy and the UK. The results confirmed that the degree of the economic impact... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Energy Security; Gas Supply; Households; Willingness to Pay; Choice Experiment; EU; Resource /Energy Economics and Policy; C35; C83; C93; D12; Q41. |
| Ano: 2011 |
URL: http://purl.umn.edu/115740 |
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| Bertrand, Marianne; Karlan, Dean S.; Mullainathan, Sendhil; Shafir, Eldar; Zinman, Jonathan. |
| Numerous laboratory studies report on behaviors inconsistent with rational economic models. How much do these inconsistencies matter in natural settings, when consumers make large, real decisions and have the opportunity to learn from experiences? We report on a field experiment designed to address this question. Incumbent clients of a lender in South Africa were sent letters offering them large, short-term loans at randomly chosen interest rates. Psychological features on the letter, which did not affect offer terms or economic content, were also independently randomized. Consistent with standard economics, the interest rate significantly affected loan take-up. Inconsistent with standard economics, the psychological features also significantly affected... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Behavioral economics; Psychology; Microfinance; Marketing; Field experiment; Credit markets; Consumer/Household Economics; D01; C93; D12; D21; D81; D91; M37; O12. |
| Ano: 2005 |
URL: http://purl.umn.edu/28441 |
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| Jia, Xiangping; Buchenrieder, Gertrud. |
| This Discussion Paper documents a survey conducted in rural China in 2005. A multi-topic survey funded by the Sino-German international Training Program "Sustainable Resource Use in North China", the project covers farm management, land property rights and rural credit access on the North China Plain. From a credit standpoint, this paper covers questionnaire design, sample, survey implementation, data entry, a brief assessment of the overall experience, as well as lessons drawn. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Questionnaire; Survey; Credit access; Household model; Categorical variables; Stata.; Agribusiness; Farm Management; Food Consumption/Nutrition/Food Safety; International Development; Land Economics/Use; Productivity Analysis; Resource /Energy Economics and Policy; C81; C93; D19. |
| Ano: 2007 |
URL: http://purl.umn.edu/90856 |
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| Gibson, John; McKenzie, David; Rohorua, Halahingano; Stillman, Steven. |
| Migration of workers from developing to developed countries and the resulting remittance flows are important development policies. World Bank calculations show that restrictions on international migration have larger welfare costs than the more widely studied restrictions on international trade. But estimated gains from migration may be affected by selection bias, with differences in outcomes for migrants and non-migrants reflecting unobserved differences in ability, skills, and motivation, rather than the act of moving itself. This poster illustrates this selection bias in commonly used statistical corrections for nonrandom selection. A unique survey conducted by the authors of Tongan migrants in New Zealand, and of non-migrants in Tonga is used. New... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Migration; Selection; Natural Experiment; Labor and Human Capital; 015; J61; F22; C93. |
| Ano: 2006 |
URL: http://purl.umn.edu/25704 |
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| Registros recuperados: 39 | |
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