Showing 1 - 10 of 8,075
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a …
Persistent link: https://www.econbiz.de/10013132340
winsorizing may induce or exacerbate bias. We term this source of bias Iatrogenic' (or econometrician induced) error. The …
Persistent link: https://www.econbiz.de/10013232932
This paper develops and applies semiparametric econometric methods to estimate the form of selection bias that arises … econometric selection model which represents the bias solely as a function of the probability of participation; and (c) the method … of difference-in-differences. Using data from an experiment on a prototypical social program combined with unusually rich …
Persistent link: https://www.econbiz.de/10013232004
This paper considers causal inference and sample selection bias in non-experimental settings in which: (i) few units in …-treatment characteristics. We propose the use of propensity score matching methods and implement them using data from the NSW experiment … and compare the estimates of the treatment effect obtained using our methods to the benchmark results from the experiment …
Persistent link: https://www.econbiz.de/10013214591
In this paper, I present a simple characterization of the sample selection bias problem that is also applicable to the … problem of sample selection bias is fit within the conventional specification error framework of Griliches and Theil. A simple … estimator is discussed that enables analysts to utilize ordinary regression methods to estimate models free of selection bias …
Persistent link: https://www.econbiz.de/10013222664
to selection bias and a partial solution to publication biases. Second, it discusses various ways in which randomization …
Persistent link: https://www.econbiz.de/10012760494
experiments to isolate the role of one such mechanism—ethnic preferences—which has been central in both theory and in the … relative to non-coethnics. The results run strongly against the common presumption of extensive ethnic bias among ordinary …
Persistent link: https://www.econbiz.de/10013011930
need for a nonlinear utility-of-wealth function, and instead results from a sort of perceptual bias — but one that … numerical cognition, and test its ability to explain the choice frequencies that we observe in a laboratory experiment …
Persistent link: https://www.econbiz.de/10012959374
We conduct a randomized field experiment to quantify biases that affect consumers of addictive goods: present …-biased preferences, naïve beliefs regarding present bias, and projection-biased beliefs over future abstinence. These biases reflect … important theoretical and policy ramifications. Our experiment employs a new approach for remote monitoring to ensure truthful …
Persistent link: https://www.econbiz.de/10012858046
The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates … misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory …
Persistent link: https://www.econbiz.de/10013144509