Group decision making under risk: An experiment with student couples

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In an experiment, we study risk-taking of cohabitating student couples, finding that couples’ decisions are closer to risk-neutrality than single partners’ decisions. This finding is similar to earlier experiments with randomly assigned groups, corroborating external validity of earlier results.

Experiments

Realizing REDD+: what role for Payments for Environmental Services?

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This Brief presents a framework that can be used to assess the potential impact of Payments for Environmental Services (PES) schemes.

Factors that determines the impact of PES are discussed such as additional forest conservation through targeted payments and the risk for unintended incentives and consequences and feelings of injustice among those who don´t receive payments. The brief further discuss the role for PES in national REDD+ policy.

Experiments, Climate Change, Conservation, Forestry, Policy Design

Household decision making in rural China: Using experiments to estimate the influences of spouses

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Many economic decisions are made jointly within households. Running an experiment on intertemporal choice, we investigate the relative influence of spouses on joint household decisions. We let each spouse first decide individually and then jointly with the other spouse.

Experiments

Climate negotiations under scientific uncertainty

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How does uncertainty about “dangerous” climate change affect the prospects for international cooperation? Climate negotiations usually are depicted as a prisoners’ dilemma game; collectively, countries are better off reducing their emissions, but self-interest impels them to keep on emitting. We provide experimental evidence, grounded in an analytical framework, showing that the fear of crossing a dangerous threshold can turn climate negotiations into a coordination game, making collective action to avoid a dangerous threshold virtually assured.

Experiments, Climate Change, Policy Design

Self-image and valuation of moral goods: Stated versus actual willingness to pay

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Hypothetical bias in stated-preference methods appears sometimes to be very large, and other times non-existent. This is here largely explained by a model where people derive utility from a positive self-image associated with morally commendable behavior.

Experiments

Social Background, Cooperative Behavior, and Norm Enforcement

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Studies have shown that there are differences in cooperative behavior across countries. Furthermore, differences in the use and the reaction on the introduction of a norm enforcement mechanism have been documented in cross-cultural studies, recently. We present data which prove that stark differences in both dimensions can exist even within the same town. For this end, a unique data set was created, based on public goods experiments conducted in Cape Town, South Africa.

Experiments

Social capital, cooperative behavior and norm-enforcement

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Studies have shown differences in cooperative behavior across countries and in the use of (and reaction to) a norm enforcement mechanism in cross-cultural studies.

The authors present data that prove that stark differences in both dimensions can exist even within the same town. They created a unique data set, based on one-shot public goods experiments in South Africa. Most of the group differences can be explained by variables for social capital and social environment, such as trust or household violence.

Experiments

Are experienced people affected by a pre-set default option—Results from a field experiment

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The objective of the present paper is to investigate the robustness of the well-known result that pre-set default options determine people’s choices. We do so by conducting a field experiment among environmental economists attending a large international conference on environmental economics.

Climate Change, Policy Design, Experiments

Experimentos de Campo y Economía del Desarrollo

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EfD Authors:

En el capítulo trata los experimentos de campo en el marco de la economía del desarrollo. A pesar de que el grueso de nuestra experiencia y la mayoría de nuestros ejemplos provienen de América Latina, hemos tratado de preparar un texto cuya aplicabilidad trascienda este contexto geográfico.

Experiments