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Book Social Experimentation and Economic Policy

Download or read book Social Experimentation and Economic Policy written by Robert Ferber and published by CUP Archive. This book was released on 1982 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social experimentation is a tool that enables economists and policy makers to test proposed economic policies in the real world. Instead of testing policies by analytical methods or by laboratory simulation, the policies are tested on people who would be affected were these policies implemented. The authors describe how such social experiments are set up and carried out, and consider the advantages and disadvantages of social experimentation relative to other means of evaluating economic and social policies. The main part of the book is a review and a critical evaluation of the principal social experiments in economics that have been carried out in the United States, where this method has been used most extensively. The authors examine in detail the first large-scale experiment in the United States (the New Jersey Income Maintenance Experiment) and subsequent experiments with the labour force, electricity rates, and cash housing allowances. A consideration of the social utility of social experimentation follows, and the book closes with a set of recommendations on the conditions under which social experimentation might best be used in evaluating economic and social policies.

Book Social Experimentation

Download or read book Social Experimentation written by Jerry A. Hausman and published by University of Chicago Press. This book was released on 2007-12-01 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 1970 the United States government has spent over half a billion dollars on social experiments intended to assess the effect of potential tax policies, health insurance plans, housing subsidies, and other programs. Was it worth it? Was anything learned from these experiments that could not have been learned by other, and cheaper, means? Could the experiments have been better designed or analyzed? These are some of the questions addressed by the contributors to this volume, the result of a conference on social experimentation sponsored in 1981 by the National Bureau of Economic Research. The first section of the book looks at four types of experiments and what each accomplished. Frank P. Stafford examines the negative income tax experiments, Dennis J. Aigner considers the experiments with electricity pricing based on time of use, Harvey S. Rosen evaluates housing allowance experiments, and Jeffrey E. Harris reports on health experiments. In the second section, addressing experimental design and analysis, Jerry A. Hausman and David A. Wise highlight the absence of random selection of participants in social experiments, Frederick Mosteller and Milton C. Weinstein look specifically at the design of medical experiments, and Ernst W. Stromsdorfer examines the effects of experiments on policy. Each chapter is followed by the commentary of one or more distinguished economists.

Book The Clash of Economic Ideas

Download or read book The Clash of Economic Ideas written by Lawrence H. White and published by Cambridge University Press. This book was released on 2012-04-16 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book places economic debates in their historical context and outlines how economic ideas have influenced swings in policy.

Book Social Experimentation

Download or read book Social Experimentation written by Jerry A. Hausman and published by . This book was released on 1985 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Experimentation

Download or read book Social Experimentation written by Mordecai Kurz and published by . This book was released on 1973 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Social Experimentation and Public Policymaking

Download or read book Social Experimentation and Public Policymaking written by David H. Greenberg and published by The Urban Insitute. This book was released on 2003 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Social experimentation randomly assigns individuals or groups to coverage by the policy of interest or a control group and then the groups are compared in terms of outcome. Greenberg (economics, U. of Maryland), Linksz (mathematics, science, and engineering, Community College of Baltimore County), and Mandell (policy sciences, U. of Maryland) seek to assess whether the substantial investment in social experimentation in the United States has resulted in significant public policy changes. After explaining the general concepts behind social experimentation, they analyze five case studies and determine that they are not of decisive importance in state policy making, but they often serve useful purposes of policy formation. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).

Book Social Experimentation  Program Evaluation  and Public Policy

Download or read book Social Experimentation Program Evaluation and Public Policy written by Maureen A. Pirog and published by John Wiley & Sons. This book was released on 2009-04-27 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a single collection some of the best articles on social experimentation and program evaluation that have appeared in the Journal of Policy Analysis and Management (JPAM). Provides exposure to a variety of well-executed social experiments and evaluations for evidence-based public policy Examines the theory and conduct of evaluations and social experiments as they relate to their practical implementation in evidence-based policy making Provides exposure to the fundamental issues surrounding the conduct of evaluations as well as to the relative merits of social experiments and the ethics and use of evaluations

Book The Reagan Experiment

Download or read book The Reagan Experiment written by John Logan Palmer and published by The Urban Insitute. This book was released on 1982 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A report of the Urban Institute's Changing Domestic Priorities Project"--Page ii."URI 34200"--T.p. verso. Includes bibliographical references.

Book Experimental Economics

Download or read book Experimental Economics written by Nicolas Jacquemet and published by Cambridge University Press. This book was released on 2018-11-29 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.

Book Experiments in Economics

Download or read book Experiments in Economics written by Ananish Chaudhuri and published by Routledge. This book was released on 2008-11-19 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are humans fair by nature? Why do we often willingly trust strangers or cooperate with them even if those actions leave us vulnerable to exploitation? Does this natural inclination towards fairness or trust have implications in the market-place? Traditional economic theory would perhaps think not, perceiving human interaction as self-interested at heart. There is increasing evidence however that social norms and norm-driven behaviour such as a preference for fairness, generosity or trust have serious implications for economics. This book provides an easily accessible overview of economic experiments, specifically those that explore the role of fairness, generosity, trust and reciprocity in economic transactions. Ananish Chaudhuri approaches a variety of economic issues and problems including: Pricing by firms Writing labour contracts between parties Marking voluntary contributions to charity, Addressing issues of environmental pollution, Providing micro-credit to small entrepreneurs, Resolving problems of coordination failure in organizations. The book discusses how norm-driven behaviour can often lead to significantly different outcomes than those predicted by economic theories and these findings should in turn cause us to re-think how we approach economic analysis and policy. Assuming no prior knowledge of economics and containing a variety of examples, this reader friendly volume will be perfect reading for people from a wide range of backgrounds including students and policy-makers. The book should appeal to economics undergraduates studying experimental economics, microeconomics or game theory as well as students in social psychology, organizational behaviour, management and other business related disciplines.

Book The Handbook of Experimental Economics

Download or read book The Handbook of Experimental Economics written by John H. Kagel and published by Princeton University Press. This book was released on 2020-05-05 with total page 742 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, which comprises eight chapters, presents a comprehensive critical survey of the results and methods of laboratory experiments in economics. The first chapter provides an introduction to experimental economics as a whole, with the remaining chapters providing surveys by leading practitioners in areas of economics that have seen a concentration of experiments: public goods, coordination problems, bargaining, industrial organization, asset markets, auctions, and individual decision making. The work aims both to help specialists set an agenda for future research and to provide nonspecialists with a critical review of work completed to date. Its focus is on elucidating the role of experimental studies as a progressive research tool so that wherever possible, emphasis is on series of experiments that build on one another. The contributors to the volume--Colin Camerer, Charles A. Holt, John H. Kagel, John O. Ledyard, Jack Ochs, Alvin E. Roth, and Shyam Sunder--adopt a particular methodological point of view: the way to learn how to design and conduct experiments is to consider how good experiments grow organically out of the issues and hypotheses they are designed to investigate.

Book Experimental Economics

Download or read book Experimental Economics written by Nicholas Bardsley and published by Princeton University Press. This book was released on 2010 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science. They explain that progress is being held back and debate on how to overcome these limitations.

Book The Social Epistemology of Experimental Economics

Download or read book The Social Epistemology of Experimental Economics written by Ana Cordeiro dos Santos and published by Routledge. This book was released on 2009-09-11 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a framework for the analysis of scientific experimentation and applies it to the experimental field of economics looking at the epistemic role of the participation of human subjects in economics experiments.

Book Social Preference  Institution  and Distribution

Download or read book Social Preference Institution and Distribution written by Natsuka Tokumaru and published by Springer. This book was released on 2016-02-19 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to examine behavioral theories on social preference from institutional and philosophical perspectives using economic experiments. The experimental method in economics has challenged central behavioral assumptions based on rationality and selfishness, proposing empirical evidence that not only profit seeking but also social preferences matter in individuals’ decision making. By performing distribution experiments in institutional contexts, the author extends assumptions about human behavior to understand actual social economy. The book also aims to enrich behavioral theories of economics directed toward institutional evolution.The author scrutinizes how specific institutional conditions enhance or mute individuals’ selfish incentives or their fairness ideals such as egalitarian, performance-based, labor-value radicalism or libertarianism. From experimental results and their analysis, implications for actual problems in social economy and institutional change are derived: why performance-based pay often fails to promote workers’ productivity; why labor wages decline whereas shareholder’s values increase after financialization; and whether socially responsible investment can be a social institution for corporate governance.The book is also addressed to philosophers of social sciences interested in how experimental methods can contribute to developing cognition of human behaviors and be extended to social theories. Referring to behavioral theorists in the history of economic thought, the author discusses the meanings of experiments in the methodology of social sciences. She also proposes new ways of interpreting experimental results by reviving historic social theories and applying them to actual social problems.

Book Experimenting with Social Norms

Download or read book Experimenting with Social Norms written by Jean Ensminger and published by Russell Sage Foundation. This book was released on 2014-10-22 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: Questions about the origins of human cooperation have long puzzled and divided scientists. Social norms that foster fair-minded behavior, altruism and collective action undergird the foundations of large-scale human societies, but we know little about how these norms develop or spread, or why the intensity and breadth of human cooperation varies among different populations. What is the connection between social norms that encourage fair dealing and economic growth? How are these social norms related to the emergence of centralized institutions? Informed by a pioneering set of cross-cultural data, Experimenting with Social Norms advances our understanding of the evolution of human cooperation and the expansion of complex societies. Editors Jean Ensminger and Joseph Henrich present evidence from an exciting collaboration between anthropologists and economists. Using experimental economics games, researchers examined levels of fairness, cooperation, and norms for punishing those who violate expectations of equality across a diverse swath of societies, from hunter-gatherers in Tanzania to a small town in rural Missouri. These experiments tested individuals’ willingness to conduct mutually beneficial transactions with strangers that reap rewards only at the expense of taking a risk on the cooperation of others. The results show a robust relationship between exposure to market economies and social norms that benefit the group over narrow economic self-interest. Levels of fairness and generosity are generally higher among individuals in communities with more integrated markets. Religion also plays a powerful role. Individuals practicing either Islam or Christianity exhibited a stronger sense of fairness, possibly because religions with high moralizing deities, equipped with ample powers to reward and punish, encourage greater prosociality. The size of the settlement also had an impact. People in larger communities were more willing to punish unfairness compared to those in smaller societies. Taken together, the volume supports the hypothesis that social norms evolved over thousands of years to allow strangers in more complex and large settlements to coexist, trade and prosper. Innovative and ambitious, Experimenting with Social Norms synthesizes an unprecedented analysis of social behavior from an immense range of human societies. The fifteen case studies analyzed in this volume, which include field experiments in Africa, South America, New Guinea, Siberia and the United States, are available for free download on the Foundation’s website:www.russellsage.org.

Book A Guaranteed Annual Income

Download or read book A Guaranteed Annual Income written by Philip K. Robins and published by . This book was released on 1980 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Monograph reporting on early findings of guaranteed income experiments providing annual guaranteed income to residents in the Denver and Seatle urban areas - outlines research methodology, analyses impacts of a negative income tax on labour supply (youth and family heads) job satisfaction, child care arrangements, divorce, fertility, etc., and discusses benefits of the cash assistance programme such as moving out of housing subsidysed homes, vocational training participation, etc. Graphs and references.