| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15863 |
| DP15863 Evaluating Deliberative Competence: A Simple Method with an Application to Financial Choice | |
| Sandro Ambuehl; B. Douglas Bernheim; Annamaria Lusardi | |
| 发表日期 | 2021-03-01 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | We introduce a method for experimentally evaluating interventions designed to improve the quality of choices in settings where people imperfectly comprehend consequences. Among other virtues, our method yields an intuitive sufficient statistic for welfare that admits formal interpretations even when consumers suffer from biases outside the scope of analysis. We use it to study a financial education intervention, which we find improves the quality of decisions only when it incorporates practice and feedback, contrary to the implications of analyses based on conventional efficacy metrics. We trace the failures of conventional metrics to violations of assumptions that our method avoids. |
| 主题 | Financial Economics |
| URL | https://cepr.org/publications/dp15863 |
| 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/544856 |
| 推荐引用方式 GB/T 7714 | Sandro Ambuehl,B. Douglas Bernheim,Annamaria Lusardi. DP15863 Evaluating Deliberative Competence: A Simple Method with an Application to Financial Choice. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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