Structural Experimentation to Distinguish between Models of Risk Sharing with Frictions

We conduct dictator-type games in rural Paraguay; different treatments involve manipulating players' information and choice sets. From individuals' choices in the games, we draw inferences regarding the sorts of impediments to trade restricting villagers' ability to share. We rule out full insurance, hidden investment alone, and limited commitment alone in favor of an environment with both hidden investment and limited commitment.

MoreLess

Year of publication:	2013
Authors:	Schechter, Laura ; Ligon, Ethan
Institutions:	Society for Economic Dynamics - SED

More details

Series:	2013 Meeting Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 2013 SED Meeting Papers Number 174
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010690507