Designing Information Provision Experiments

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Information provision experiments allow researchers to test economic theories and answer policy-relevant questions by varying the information set available to respondents. We survey the emerging literature using information provision experiments in economics and discuss applications in macroeconomics, finance, political economy, public economics, labor economics, and health economics. We also discuss design considerations and provide best-practice recommendations on how to (i) measure beliefs, (ii) design the information intervention, (iii) measure belief updating, (iv) deal with potential confounds, such as experimenter demand effects, and (v) recruit respondents using online panels. We finally discuss typical effect sizes and provide sample size recommendations.
Original languageEnglish
JournalJournal of Economic Literature
Issue number1
Pages (from-to)3-40
Publication statusPublished - 2023

    Research areas

  • Faculty of Social Sciences - Design of Experiments: General, Search, Learning, Information and Knowledge, Communication, Belief, Unawareness, Micro-based behavioral economics, role and effects of psychological, emotion, social, and cognitive factors on decision making

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