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Many randomized experiments are plagued by attrition, even among subjects receiving more effective treatments. We estimate the subject's utility associated with the receipt of treatment, as revealed by dropout behavior, to evaluate treatment effects. Utility is a function of both "publicly...
Persistent link: https://www.econbiz.de/10014053946
Randomized experiments (REs) are viewed as the "gold standard" for the treatment evaluation, but many REs are plagued by attrition or non-compliance, even among subjects receiving the more effective treatment. This paper constructs an economic model of decision-making in which individuals make...
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This paper develops and estimates a dynamic structural model of demand for a multi-attribute product. The demand side equilibrium supports a product spectrum, the characteristics of which evolve over time in response to supply innovations induced by the composition and extent of aggregate...
Persistent link: https://www.econbiz.de/10012919858
Teams have become a mainstay for the organization of work. Economic models of teams focus on productivity declines due to free-riding and on mechanisms to avoid it. Unfortunately, few empirical studies have systematically examined the impact of teams on output. Furthermore, the literature does...
Persistent link: https://www.econbiz.de/10014035045
This paper identifies and evaluates rationales for team participation and for the effects of team composition on productivity using novel data from a garment plant that shifted from individual piece rate to group piece rate production over three years. The adoption of teams at the plant improved...
Persistent link: https://www.econbiz.de/10014031026
A strategy used by firms in industries such as wireless is to bundle several services into a service plan and administer a nonlinear price with different marginal prices for different usage levels. Moreover firms offer a menu of service plans targeting different consumer segments to implement...
Persistent link: https://www.econbiz.de/10014047577