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Laura Metzger, Adnan Qadir Khan and Teddy Svoronos
In a lab-in-field experiment with elite civil servants in Pakistan, we investigate whether groups outperform individuals in a two-staged task which requires effective use of data and evidence. We also study how efficient...Read more...
24 April 2020
James Berry, Greg Fischer and Raymond Guiteras
Using the Becker-DeGroot-Marschak (BDM) mechanism, we estimate the willingness-to-pay (WTP) for and impact of clean water technology through a field experiment in Ghana. Although WTP is low relative to the cost, demand ...Read more...
25 May 2018
Oriana Bandiera, Iwan Baranky and Imran Rasul
We discuss how the use of field experiments sheds light on long standing research questions relating to firm behavior. We present insights from two classes of experiments: within and across firms, and draw common lessons...Read more...
1 July 2011
Few microfinance-funded businesses grow beyond subsistence entrepreneurship. This paper considers one possible explanation: that the structure of existing microfinance contracts may discourage risky but high-expected ret...Read more...
Wulf Gaertner, Frank A Cowell and Yoram Amiel
We examine individuals' distributional orderings in a number of contexts. This is done by using a questionnaire-experiment that is presented to respondents in any one of seven “flavours” or interpretations of the basic d...Read more...
Frank A Cowell and Guillermo Cruces
Building on previous studies on perceptions of inequality, welfare and risk we investigate the structure of individuals' rankings of uncertain prospects in terms of risk and their relationship to individual preferences. ...Read more...
Yoram Amiel, Frank A Cowell, Leima Davidovitz and Avraham Polovin
It is known from the literature on uncertainty that in cases where individuals express a preference for a high win-probability bet over a bet with high winnings they nevertheless will bid more to obtain the bet with high...Read more...
Yoram Amiel and Frank A Cowell
Orderings of income distribution in terms of inequality should be closely related to orderings in terms of risk. Using a novel mult-country questgionnaire experiment we examine the basis for this claim in terms of respon...Read more...
Godfrey Keller and Sven Rady
We study the evolution of prices in a symmetric duopoly where firms are uncertain about the degree of product differentiation. Customers sometimes perceive the products as close substitutes, sometimes as highly different...Read more...
Leima Davidovitz and Yoram Kroll
Inequality aversion and risk aversion are widely assumed features of economic models. But a review of the literature revealed that inequlity aversion and risk aversion are treated as separate variables. This paper presen...Read more...