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Experimental Economics and the Economics of Contracts
David R. Just,Steven Y. Wu +1 more
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This article is published in American Journal of Agricultural Economics.The article was published on 2009-12-01. It has received 23 citations till now. The article focuses on the topics: New institutional economics & Experimental economics.read more
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Market incentive, government regulation and the behavior of pesticide application of vegetable farmers in China
TL;DR: Based on the survey of vegetable farmers in Jiangsu, Shandong and Anhui Provinces, this paper investigated the influential factors of the premium perception associated with the quality and safety of agricultural products.
Posted Content
Social network effects on mobile money adoption in Uganda
TL;DR: In this paper, the role of social networks in the adoption of mobile money in rural Ugandan households was identified. But, the authors did not consider the impact of social media on mobile money adoption.
Journal ArticleDOI
Which factors influence the expansion of bioenergy? An empirical study of the investment behaviours of German farmers
TL;DR: In this paper, the authors conduct a survey and confront farmers with a hypothetical opportunity to invest in a biogas plant and reveal that farmers have heterogeneous investment thresholds and their investment decisions are mainly driven by capital costs and the subjective perception of the risk resulting from the investment.
Journal ArticleDOI
Subject Pools and Deception in Agricultural and Resource Economics Experiments
Timothy N. Cason,Steven Y. Wu +1 more
TL;DR: The authors argue that field professionals are the most appropriate subjects for questions related to policy or measurement, and students are the more appropriate subject for scientific research questions closely tied to economic theory in agricultural and resource economics (ARE) journals.
Journal ArticleDOI
A Latent Class Cluster Analysis of Farmers’ Attitudes Towards Contract Design in the Dairy Industry
Stephanie Schlecht,Achim Spiller +1 more
TL;DR: In this article, the authors analyze how dairy farmers' attitudes vary towards both contracting in general and specific contract attributes, using a survey of 161 dairy farm managers, the research question is addressed by means of a latent class cluster analysis.
References
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What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World
Steven D. Levitt,John A. List +1 more
TL;DR: The authors build a model in which the choices that individuals make depend not just on financial implications, but also on the nature and extent of scrutiny by others, the particular context in which a decision is embedded, and the manner in which participants and tasks are selected.
Randomization in the tropics, and the search for the elusive keys to economic development
TL;DR: The authors argue that many of these applications are unlikely to recover quantities that are useful for policy or understanding: two key issues are the misunderstanding of exogeneity, and the handling of heterogeneity.
ReportDOI
Instruments of development: Randomization in the tropics, and the search for the elusive keys to economic development
TL;DR: The authors argue that many of these applications are unlikely to recover quantities that are useful for policy or understanding: two key issues are the misunderstanding of exogeneity, and the handling of heterogeneity.
Journal ArticleDOI
Structural vs. atheoretic approaches to econometrics
Michael Keane,Michael Keane +1 more
TL;DR: The authors argue that the main difference between structural and experimental approaches is not in the number of assumptions but the extent to which they are made explicit, and that the experimentalist approach provides an alternative that relies on fewer assumptions.
Journal ArticleDOI
Internal and External Validity in Economics Research: Tradeoffs between Experiments, Field Experiments, Natural Experiments, and Field Data
Brian E. Roe,David R. Just +1 more
TL;DR: This article argues that the most common approaches to empirical research fall on the ends of a spectrum of research approaches, and that the interior of this spectrum includes intermediary approaches such as field experiments and natural experiments and argues that choosing between lab experiments and field data usually requires a tradeoff between the pursuit of internal and external validity.