Revealed preferences for policy experiments

Randomized controlled trials remain underutilized in informing policy design, despite their potential. Moral objections to experimentation ("experiment aversion") have been proposed as an explanation. We present three studies with members of the general public and policy-makers that allow...

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Autori principali: Chlond, Bettina (Autore) , Goeschl, Timo (Autore) , Lohse, Johannes (Autore)
Natura: Book/Monograph Working Paper
Lingua:inglese
Pubblicazione: Heidelberg Universitätsbibliothek Heidelberg 01 Jul. 2025
Serie:AWI discussion paper series no. 763 (May 2025)
In: AWI discussion paper series (no. 763 (May 2025))

DOI:10.11588/heidok.00036795
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Accesso online:Resolving-System, kostenfrei: https://nbn-resolving.de/urn:nbn:de:bsz:16-heidok-367956
Resolving-System, kostenfrei: https://doi.org/10.11588/heidok.00036795
Verlag, kostenfrei, Volltext: http://www.ub.uni-heidelberg.de/archiv/36795
Verlag, kostenfrei: https://archiv.ub.uni-heidelberg.de/volltextserver/36795/7/Chlond_revealed_preferences_dp_763_2025.pdf
Resolving-System, kostenfrei: https://hdl.handle.net/10419/324237
Testo
Note sull'autore:by Bettina Chlond, Timo Goeschl and Johannes Lohse
Descrizione
Riassunto:Randomized controlled trials remain underutilized in informing policy design, despite their potential. Moral objections to experimentation ("experiment aversion") have been proposed as an explanation. We present three studies with members of the general public and policy-makers that allow us to measure and compare moral approval, stated preferences as well as revealed preferences for policy experimentation, within the overarching context of a public assistance program. We find that evidence based on moral approval systematically underestimates revealed preferences for policy experimentation due to conceptual misalignment and hypothetical bias. People and policy-makers trade off possible moral objections against the benefits of policy experimentation.
Descrizione fisica:Online Resource
DOI:10.11588/heidok.00036795