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Designing information provision experiments
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Haaland, Ingar , Roth, Christopher and Wohlfart, Johannes (2023) Designing information provision experiments. Journal of Economic Literature, 61 (1). pp. 3-40. doi:10.1257/jel.20211658 ISSN 0022-0515.
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Official URL: https://doi.org/10.1257/jel.20211658
Abstract
Information provision experiments allow researchers to test economic theories and answer policy-relevant questions by varying the information set available to respondents. We survey the emerging literature using information provision experiments in economics and discuss applications in macroeconomics, finance, political economy, public economics, labor economics, and health economics. We also discuss design considerations and provide best-practice recommendations on how to (i) measure beliefs, (ii) design the information intervention, (iii) measure belief updating, (iv) deal with potential confounds, such as experimenter demand effects, and (v) recruit respondents using online panels. We finally discuss typical effect sizes and provide sample size recommendations.
| Item Type: | Journal Article | ||||||
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| Subjects: | H Social Sciences > HB Economic Theory Z Bibliography. Library Science. Information Resources > ZA Information resources |
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| Divisions: | Faculty of Social Sciences > Economics | ||||||
| Library of Congress Subject Headings (LCSH): | Economics -- Information resources , Information resources management, Economics -- Sociological aspects | ||||||
| Journal or Publication Title: | Journal of Economic Literature | ||||||
| Publisher: | American Economic Association | ||||||
| ISSN: | 0022-0515 | ||||||
| Official Date: | March 2023 | ||||||
| Dates: |
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| Volume: | 61 | ||||||
| Number: | 1 | ||||||
| Page Range: | pp. 3-40 | ||||||
| DOI: | 10.1257/jel.20211658 | ||||||
| Status: | Peer Reviewed | ||||||
| Publication Status: | Published | ||||||
| Reuse Statement (publisher, data, author rights): | "Copyright © 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020 by the American Economic Association. Permission to make digital or hard copies of part or all of American Economic Association publications for personal or classroom use is granted without fee provided that copies are not distributed for profit or direct commercial advantage and that copies show this notice on the first page or initial screen of a display along with the full citation, including the name of the author. Copyrights for components of this work owned by others than AEA must be honored. Abstracting with credit is permitted. The author has the right to republish, post on servers, redistribute to lists and use any component of this work in other works. For others to do so requires prior specific permission and/or a fee. Permissions may be requested from the American Economic Association Administrative Office by going to the Contact Us form and choosing ""Copyright/Permissions Request"" from the menu. " | ||||||
| Access rights to Published version: | Restricted or Subscription Access | ||||||
| Date of first compliant deposit: | 6 May 2021 | ||||||
| Date of first compliant Open Access: | 20 May 2021 | ||||||
| RIOXX Funder/Project Grant: |
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