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Statistical power is an important detail to consider in the design phase of any experiment. This paper serves as a reference for experimental economists on power calculations. We synthesize many of the questions and issues frequently brought up regarding power calculations and the literature...
Persistent link: https://www.econbiz.de/10012855885
Statistical power is an important detail to consider in the design phase of any experiment. This note serves as a reference for experimental economists on power calculations. We synthesize many of the questions and issues frequently brought up regarding power calculations and the literature that...
Persistent link: https://www.econbiz.de/10012857774
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This paper studies the incentives for international cooperation if (some) countries prefer a more equitable distribution of per capita emission levels. The impact of such an equity preference is analyzed first for a bilateral, and then for a multilateral environmental problem. We show that -...
Persistent link: https://www.econbiz.de/10011598232
This paper analyzes decisions on emissions of a stock pollutant under uncertainty in a two period model. Decisions are based on a weighted average of expected utility (EU) and the MaxiMin criterion. I first show that more weight on the worst case (less weight on EU) may lead to increased first...
Persistent link: https://www.econbiz.de/10013428479