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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12995 |
DP12995 Risky Choices and Solidarity: Why Experimental Design Matters | |
Conny Wunsch | |
发表日期 | 2018-06-18 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Negative income shocks can either be the consequence of risky choices or random events. A growing literature analyzes the role of responsibility for neediness for informal financial support of individuals facing negative income shocks based on randomized experiments. In this paper, we show that studying this question involves a number of challenges that existing studies either have not been aware of, or have been unable to address satisfactorily. We show that the average effect of free choice of risk on sharing, i.e.\ the comparison of mean sharing across randomized treatments, is not informative about the behavioural effects and that it is not possible to ensure by the experimental design that the average treatment effect equals the behavioural effect. Instead, isolating the behavioural effect requires conditioning on risk exposure. We show that a design that measures subjects preferred level of risk in all treatments allows isolating this effect without additional assumptions. Another advantage of our design is that it allows disentangling changes in giving behaviour due to attributions of responsibility for neediness from other explanations. We implement our design in a lab experiment we conducted with slum dwellers in Nairobi that measures subjects' transfers to a worse-off partner both in a setting where participants could either deliberately choose or were randomly assigned to a safe or a risky project. We find that free choice matters for giving and that the effects depend on donors' risk preferences but that attributions of responsibility play a negligible role in this context. |
主题 | Development Economics |
关键词 | Solidarity Risk taking Experimental design |
URL | https://cepr.org/publications/dp12995 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541803 |
推荐引用方式 GB/T 7714 | Conny Wunsch. DP12995 Risky Choices and Solidarity: Why Experimental Design Matters. 2018. |
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