Household decision making in rural China: Using experiments to estimate the influences of spouses

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Many economic decisions are made jointly within households. Running an experiment on intertemporal choice, we investigate the relative influence of spouses on joint household decisions. We let each spouse first decide individually and then jointly with the other spouse.

Experiments

‘Ripple’ Effects in South African House Prices

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EfD Authors:

This paper analyses the ‘ripple’ effect of house prices in large-, medium- and small-sized houses of five major metropolitan areas of South Africa—namely, Cape Town, Durban Unicity, Greater Johannesburg, Port Elizabeth/Uitenhage and Pretoria—based on available quarterly data covering the period of 1966:Q1 to 2010:Q1.

Experiments

Climate negotiations under scientific uncertainty

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How does uncertainty about “dangerous” climate change affect the prospects for international cooperation? Climate negotiations usually are depicted as a prisoners’ dilemma game; collectively, countries are better off reducing their emissions, but self-interest impels them to keep on emitting. We provide experimental evidence, grounded in an analytical framework, showing that the fear of crossing a dangerous threshold can turn climate negotiations into a coordination game, making collective action to avoid a dangerous threshold virtually assured.

Experiments, Climate Change, Policy Design

Self-image and valuation of moral goods: Stated versus actual willingness to pay

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Hypothetical bias in stated-preference methods appears sometimes to be very large, and other times non-existent. This is here largely explained by a model where people derive utility from a positive self-image associated with morally commendable behavior.

Experiments

Contract Duration under Incomplete Land Ownership Rights: Empirical Evidence from Rural Ethiopia

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Using the land tenure system in Ethiopia, where all land is state-owned and only farm households have usufruct rights, as a case study, we assessed the links between land owners’ tenure insecurity, associated behavioral factors, and contract length. In this paper, we analyze these links with survey data of rural households in the Amhara National Regional State of Ethiopia.

 

Agriculture, Experiments