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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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Bibliographic Details
Main Authors: Chlond, Bettina (Author) , Goeschl, Timo (Author) , Lohse, Johannes (Author)
Format: Book/Monograph Working Paper
Language:English
Published: Heidelberg Universitätsbibliothek Heidelberg 01 Jul. 2025
Series:AWI discussion paper series no. 763 (May 2025)
In: AWI discussion paper series (no. 763 (May 2025))

DOI:10.11588/heidok.00036795
Subjects:
Graue Literatur
Online Access: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
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Author Notes:by Bettina Chlond, Timo Goeschl and Johannes Lohse
Description
Summary: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.
Physical Description:Online Resource
DOI:10.11588/heidok.00036795

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