[PDF] Top 20 Essays on contract design in behavioral and development economics

... Lately, microfinance has often been in the news for the wrong reasons. The success of microfinance institutions (henceforth, MFIs) across the world has been tremendous over the last two decades, culminating in the Nobel ... See full document

... The findings of this paper that local governments are in need of assistance from firms are especially important when it comes to explain the government- business relationship in China. I focus on three Chinese ... See full document

... tied-labor contract involves a long term relationship between an employer and a worker, where the employer provides a low but steady wage to the worker (as opposed to a casual labor contract that yields a ... See full document

... the Behavioral Insights Team has been running small scale experiments to gain insight on behavioral aspects crucial for energy efficiency policy ...of behavioral insights for better policy ... See full document

... discontinuity design in the spousal death date – which is equiva- lent to the benefit start date – and compare the long-term outcomes of otherwise identical individuals receiving benefits of different generosity ... See full document

... AES contract length was found to affect negatively the decision to join an AES because it tied up farmers’ hands over a long period of time (Peerlings and Polman ... See full document

... of contract that MFIs ...the contract terms offered by FINCA Uganda in different parts of the country to investigate the effect of repayment frequency and finds that when groups were allowed to switch to ... See full document

... As discussed in section 3.3, ethnic networks can facilitate trade by reduc- ing information barriers or by improving contract enforcement. In order to further identify the relevant channels at play, we conduct the ... See full document

... recent behavioral literature takes this idea further: Papers on overconfidence have shed light on how holding incorrect beliefs can be ...incentive contract in a moral hazard ... See full document

... Figure 1. Design and behavioral results. A) Trial structure. B) Proposed transfers used in the experiment describing $ Self and $ Partner. The alternative was always a transfer of $50 to both subjects. X- ... See full document

... These results are robust to alternative specifications controlling for household infrastructure and environmental elements associated with crime (Crime Prevention through Environmental Design, or CPTED, see Table ... See full document

... To address the questions posited above, we embed the canonical model of strategic experimentation with exponential bandits (Keller et al., 2005) into an information design setting. The Internet platform is the ... See full document

... to design these bets to have zero expected value under the belief of the reported type, and strictly positive expected value under the belief of every other ... See full document

... Our research opens other new questions for further experimental tests on decisions under uncertainty. 12 We are well aware that this design is based on the same probability of 0.50 over all possible lotteries and ... See full document

... Chapter 2 analyzes the design of tax systems under imperfect enforcement. A common policy in developing countries is to impose minimum tax schemes whereby firms are taxed either on profits or on turnover, ... See full document

... The first chapter is entitled “Quitting: The Downside of Great Expectations in Competitions.” This research examines ranked professional athletes who compare themselves with their opponents. Athletes with better rankings ... See full document

... the development of microenterprises, and find evidence of migra- tion networks playing a role in alleviating capital constraints in the most capital intensive ... See full document

... The chapter uses household enrolment profile in the Rwandan micro-insurance scheme Mutuelles de Sante MdS and derives causal impact of insurance membership on outcomes such as formal hea[r] ... See full document

... suyama (1992) formalizes these mechanisms in a model where both sectors compete for labour and where exogenous increases in agricultural productivity benefit the manufacturing sector. This mechanism works only in closed ... See full document

... The current study contributes to two strands of literature. First, we use a machine learning techniques, such as Least Absolute Shrinkage and Selection Operator (LASSO; Hastie et al., 2009) and cross-validation, to ... See full document