DOCSLIB.ORG

CSWEP ISSUE FOCUS Interview with 2017 Proactive Efforts to Increase Bell Award Winner Diversity and Inclusion Rachel T

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CSWEP ISSUE FOCUS Interview with 2017 Proactive Efforts to Increase Bell Award Winner Diversity and Inclusion Rachel T Published three times annually by the American Economic Association’s Committee on the Status of Women news in the Economics Profession. 2018 ISSUE III IN THISCSWEP ISSUE FOCUS Interview with 2017 Proactive Efforts to Increase Bell Award Winner Diversity and Inclusion Rachel T. A. Croson Introduction by Elizabeth Klee . 3 A Perspective from the Federal Tanya Rosenblat Reserve Board by Daniel Coveitz & Karen Pence . .4 Rachel T. A. Croson, Dean of the College of Social Science and MSU Foundation Applying Lessons from First- Professor of Economics at Michigan Generation Students to Women in State University is the recipient of the Economics by Fernanda Nechio.. .5 2017 Carolyn Shaw Bell Award. Given Countering Gender Bias and annually since 1998 by the Ameri- Improving Gender Balance can Economic Association’s (AEA) increasing our understanding of how by David Romer & Justin Wolfers . .7 Committee on the Status of Women in women can advance in the economics From the CSWEP Chair the Economics Profession (CSWEP), profession, or mentoring others. the Bell Award recognizes and honors Dr. Croson earned her undergradu- Chair’s Letter by Shelly Lundberg. .2 an individual who has furthered the sta- ate degree from the University of Penn- tus of women in the economics profes- sylvania, with a double major in Eco- Honors & Announcements sion through example, achievements, nomics and Philosophy and a minor in Interview with Bell Award Winner continues on page 9 Rachel T . A . Croson by Tanya Rosenblat . 1 Brag Box . 20 Judith Chevalier is Next Chair of CSWEP Calls . 14 CSWEP Sessions . .16 In January 2019, Professor Judith Professor Chevalier is the author Chevalier will take the helm of the AEA of numerous articles in the areas of fi- Committee on the Status of Women nance, industrial organization, market- in the Economics Profession. Judy is ing, the gig economy, and the digital the William S. Beinecke Professor of economy. She is a past co-editor of the Economics and Finance at the Yale American Economic Review and the Rand School of Management. She is also Journal of Economics. She has served on a research associate at the Nation- the Executive Committee of the Ameri- al Bureau of Economic Research in can Economic Association, and current- the Industrial Organization pro- ly serves on the Board of Directors of gram. She received her BA from the Industrial Organization Society. Yale and her Ph.D. in Economics In 1998, Professor Chevalier was the from the Massachusetts Institute inaugural recipient of CSWEP’s Elaine of Technology. Since earning her Bennett Research Prize, and she previ- Ph.D., she has served on the fac- ously served as a member of the CSWEP ulties of Harvard University, the Board from January 2002 to December University of Chicago, and Yale. 2004. Welcome back, Judy! For Free Digital Subscriptions, email [email protected] Forward the CSWEP News to colleagues and graduate students. Contributors Shelly Lundberg, Shelly Lundberg From the Chair Leonard Broom Professor of Demography, Department of Economics, University Congratulations to Rohini Pande, the Economic History (organized by Leah of California, Santa recipient of the 2018 Carolyn Shaw Bell Boustan and Carola Frydman), Micro- Barbara Award for her contributions to the sta- economic Theory (organized by Marina tus of women in economics, and to Me- Halac and Vasiliki Skreta), and Econom- lissa Dell, the winner of the 2018 Elaine ics of Gender (including two sessions Daniel Covitz, Bennett Research Prize. Dr. Pande is on Gender in the Economics Profession Deputy Director, Rafik Hariri Professor of International and organized by Amalia Miller, Shahi- Research and Statistics, Political Economy at Harvard Kennedy na Amin, and Jeanne Lafortune). These Federal Reserve Board of Governors School and an accomplished develop- sessions provide an important on-ramp ment scholar who is being honored for to the AEA conference for junior schol- her extensive mentoring of junior econ- ars, and placement in them continues omists and her efforts to promote gen- to be highly competitive. Elizabeth Klee, Mentoring has always been at the Associate Director, der parity in economics. Dr. Dell is a Division of Financial Professor of Economics at Harvard Uni- core of CSWEP’s mission, and we will Stability, Federal Reserve versity who has made fundamental con- be sponsoring several mentoring events Board of Governors tributions to development economics, at the 2019 AEA Meeting. Mentoring political economy, and economic histo- Breakfasts for Junior Economists, orga- ry in the early years of her career. These nized by Amalia Miller, are scheduled Fernanda Nechio, for Friday, January 5 and Sunday, Janu- Research Advisor, awards will be presented at the CSWEP International Research, Luncheon and Awards Ceremony dur- ary 6 from 8:00 AM–10:00 AM . Senior Federal Reserve Bank of ing the 2019 AEA Meeting in Atlanta economists will be available to answer San Francisco GA. This event is scheduled for 12:30– questions and provide advice at topic- 2:15, Friday January 4 at the Atlanta Mar- themed tables. Feedback from previ- riott Marquis, and the celebration will ous participants in these breakfasts has Karen Pence, continue at a reception that evening been overwhelmingly positive. We en- Assistant Director, Research and Statistics, from 6:00–7:30 PM . On behalf of the courage economists within six years Federal Reserve Board CSWEP Board I invite you join us to cel- of their PhD as well as graduate stu- of Governors ebrate the contributions of Rohini, Me- dents on the job market to preregister lissa, and previous CSWEP award win- for these events (details in this issue ners. Register in advance for this event and at cswep.org) and participate. We David Romer, at cswep.org. will also be offering a Mentoring Break- Herman Royer Professor CSWEP will have a full program of fast for Mid-Career Economists, sched- in Political Economy, University of California, events at the 2019 AEA/ASSA Meeting uled for Saturday, January 5 from 8:00 Berkeley in Atlanta including paper sessions, AM–10:00 AM and organized by Ragan mentoring programs, and presentation Petrie. At the end of the AEA Meeting, of the 2018 Annual Report on the Status the 2019 CeMENT Mentoring Work- Tanya Rosenblat, of Women in the Economics Profession at shop for Faculty in Doctoral Programs Associate Professor of the CSWEP Luncheon. One new event will begin under the leadership of Di- Information, School will be a panel on @Twitter Tips for rector Martha Bailey. This intensive and of Information, and Associate Professor of Success: Social Media for Economists effective mentoring experience is con- Economics, College of on Sunday, January 6 at 10:30–12:15, sistently oversubscribed and relies on Literature, Science, and the Arts, University of organized by Marie Mora and moderat- generous donations of time from senior Michigan ed by Susan Dynarski. A panel of well- mentors. Many thanks to all the men- followed economists who use Twitter tors, organizers, and participants who Justin Wolfers, Professor of Economics, in different ways to promote research, make CSWEP’s schedule at the meet- College of Literature, prompt discussion, and build sup- ings so busy and productive. Science, and the Arts, and Professor of Public portive communities will discuss their Articles in the Focus section of this Policy, Gerald R. Ford strategies and offer advice to new us- issue of CSWEP News, edited and intro- School of Public Policy, ers. CSWEP paper sessions at the AEA duced by Elizabeth Klee, reflect on a set University of Michigan Meeting cover three research areas: of active institutional efforts to reduce 2 CSWEP NEWS From the Chair gender bias and increase diversity, in- cluding adoption of inclusion criteria FOCUS on Proactive Efforts to for conference programs and establish- ing clear metrics for promotion. Beth Increase Diversity and Inclusion notes the importance of information structures in these reforms, many of which include “conscious steps to make opaque processes transparent.” This is- Elizabeth Klee sue of News also includes an interview In 1996, then-CSWEP chair Rebecca Blank authored a report in the American Eco- with Rachel Croson, the recipient of the nomic Association’s Papers and Proceedings that showed the progress of women 2017 Carolyn Shaw Bell Award by Tanya in the economics profession was meager at best.1 A rejoinder in 1999 discussed Rosenblat. In the interview, Rachel talks some “cracks” in the glass ceiling of economics—the article suggested that some about the importance of undergradu- of the worse career outcomes for women could be explained by “inferior produc- ate research experience in her path to tivity” or “gender differences in preferences for research,” and predicted that per- economics, her role in the founding haps the tide has turned.2 of CSWEP’s CeMENT mentoring pro- Twenty years later, the problems remain. There has been some growth in the gram (and its randomized evaluation), share of women in Ph.D. programs and some progress in the tenure outcomes for and how to make decisions about your women in the profession. Still, the growth has been lackluster at best, and stalled life and career. in recent years. A woman has only a little better shot at a tenured position now At the end of 2018, my term as than she did 20 years ago. CSWEP Chair will come to an end and Efforts are underway to change all that. This edition of the CSWEP newsletter Judy Chevalier will be stepping up as brings together reports on active steps taken to promote diversity and inclusion the new Chair (see her bio in this is- in economics. These include inclusion criteria for conference programs, clearly sue). The terms of at-large CSWEP outlining criteria for promotion, and deliberately encouraging historically under- board members Elizabeth Klee and represented groups to pursue careers in economics.
Load more

Recommended publications
  • Download File Are Today's Inequalities Limiting Tomorrow's Opportunities?
    Equitable GrowthWashington Center forEquitable Growth ILLUSTRATION BY AUSTIN CLEMENS Are today’s inequalities limiting tomorrow’s opportunities? A review of the social sciences literature on economic inequality and intergenerational mobility October 2018 By Elisabeth Jacobs and Liz Hipple www.equitablegrowth.org Equitable Growth Are today’s inequalities limiting tomorrow’s opportunities? A review of the social sciences literature on economic inequality and intergenerational mobility October 2018 By Elisabeth Jacobs and Liz Hipple Contents 6 Fast facts 8 Overview 13 Definitions and metrics 14 Absolute or relative? 15 What does “high“ mobility look like? 24 Which resources should we measure? 26 Does high inequality today mean low mobility tomorrow? 32 How does economic inequality limit the development of human potential? 34 Health inequalities 38 Parental investment 44 Education 52 Conclusion to “how does economic inequality limit the development of human potential“ 54 How does economic inequality limit the deployment of human potential? 55 Changing structure of the labor market 62 Persistent discrimination 65 Household balance sheets and intergenerational mobility 68 Conclusion to “how does economic inequality limit the deployment of human potential“ 70 Conclusion 72 About the authors 73 Acknowledgements 74 Bibliography 87 Endnotes Fast facts Intergenerational mobility is the technical concept at the heart of the American Dream. An individual’s place on the economic distribution is supposed to reflect individual effort and talent, not parental resources and privilege. Yet this perspec- tive ignores the mounting evidence of the myriad ways that poverty and economic inequality foreclose equality of opportunity for far too many Americans now and in the future.
    [Show full text]
  • Allied Social Science Associations Atlanta, GA January 3–5, 2010
    Allied Social Science Associations Atlanta, GA January 3–5, 2010 Contract negotiations, management and meeting arrangements for ASSA meetings are conducted by the American Economic Association. i ASSA_Program.indb 1 11/17/09 7:45 AM Thanks to the 2010 American Economic Association Program Committee Members Robert Hall, Chair Pol Antras Ravi Bansal Christian Broda Charles Calomiris David Card Raj Chetty Jonathan Eaton Jonathan Gruber Eric Hanushek Samuel Kortum Marc Melitz Dale Mortensen Aviv Nevo Valerie Ramey Dani Rodrik David Scharfstein Suzanne Scotchmer Fiona Scott-Morton Christopher Udry Kenneth West Cover Art is by Tracey Ashenfelter, daughter of Orley Ashenfelter, Princeton University, former editor of the American Economic Review and President-elect of the AEA for 2010. ii ASSA_Program.indb 2 11/17/09 7:45 AM Contents General Information . .iv Hotels and Meeting Rooms ......................... ix Listing of Advertisers and Exhibitors ................xxiv Allied Social Science Associations ................. xxvi Summary of Sessions by Organization .............. xxix Daily Program of Events ............................ 1 Program of Sessions Saturday, January 2 ......................... 25 Sunday, January 3 .......................... 26 Monday, January 4 . 122 Tuesday, January 5 . 227 Subject Area Index . 293 Index of Participants . 296 iii ASSA_Program.indb 3 11/17/09 7:45 AM General Information PROGRAM SCHEDULES A listing of sessions where papers will be presented and another covering activities such as business meetings and receptions are provided in this program. Admittance is limited to those wearing badges. Each listing is arranged chronologically by date and time of the activity; the hotel and room location for each session and function are indicated. CONVENTION FACILITIES Eighteen hotels are being used for all housing.
    [Show full text]
  • Prosperity Economics Building an Economy for All
    ProsPerity economics Building an economy for All Jacob S. Hacker and Nate Loewentheil ProsPerity economics Building an economy for All Jacob S. Hacker and Nate Loewentheil Creative Commons (cc) 2012 by Jacob S. Hacker and Nate Loewentheil Notice of rights: This book has been published under a Creative Commons license (Attribution-NonCom- mercial-NoDerivs 3.0 Unported; to view a copy of this license, visit http://creativecommons.org/licenses/ by-nc-sa/3.0/). This work may be copied, redistributed, or displayed by anyone, provided that proper at- tribution is given. ii / prosperity economics About the authors Jacob S. Hacker, Ph.D., is the Director of the Institution for Social and Policy Studies (ISPS), the Stanley B. Resor Professor of Political Science, and Senior Research Fellow in International and Area Studies at the MacMil- lan Center at Yale University. An expert on the politics of U.S. health and social policy, he is author of Winner-Take-All Politics: How Wash- ington Made the Rich Richer—And Turned Its Back on the Middle Class, with Paul Pierson (September 2010, paperback March 2011); The Great Risk Shift: The New Economic Insecurity and the Decline of the American Dream (2006, paperback 2008); The Divided Welfare State: The Battle Over Public and Private Social Benefits in the United States (2002); and The Road to No- where: The Genesis of President Clinton’s Plan for Health Security (1997), co-winner of the Brownlow Book Award of the National Academy of Public Administration. He is also co-author, with Paul Pierson, of Off Center: The Republican Revolution and the Erosion of American Democracy (2005), and has edited volumes, most recently, hared Responsibility, Shared Risk: Government, Markets and Social Policy in the Twenty-First Century, with Ann O'Leary (2012).
    [Show full text]
  • Economic Report of the President.” ______
    REFERENCES Chapter 1 American Civil Liberties Union. 2013. “The War on Marijuana in Black and White.” Accessed January 31, 2016. Aizer, Anna, Shari Eli, Joseph P. Ferrie, and Adriana Lleras-Muney. 2014. “The Long Term Impact of Cash Transfers to Poor Families.” NBER Working Paper 20103. Autor, David. 2010. “The Polarization of Job Opportunities in the U.S. Labor Market.” Center for American Progress, the Hamilton Project. Bakija, Jon, Adam Cole and Bradley T. Heim. 2010. “Jobs and Income Growth of Top Earners and the Causes of Changing Income Inequality: Evidence from U.S. Tax Return Data.” Department of Economics Working Paper 2010–24. Williams College. Boskin, Michael J. 1972. “Unions and Relative Real Wages.” The American Economic Review 62(3): 466-472. Bricker, Jesse, Lisa J. Dettling, Alice Henriques, Joanne W. Hsu, Kevin B. Moore, John Sabelhaus, Jeffrey Thompson, and Richard A. Windle. 2014. “Changes in U.S. Family Finances from 2010 to 2013: Evidence from the Survey of Consumer Finances.” Federal Reserve Bulletin, Vol. 100, No. 4. Brown, David W., Amanda E. Kowalski, and Ithai Z. Lurie. 2015. “Medicaid as an Investment in Children: What is the Long-term Impact on Tax Receipts?” National Bureau of Economic Research Working Paper No. 20835. Card, David, Thomas Lemieux, and W. Craig Riddell. 2004. “Unions and Wage Inequality.” Journal of Labor Research, 25(4): 519-559. 331 Carson, Ann. 2015. “Prisoners in 2014.” Bureau of Justice Statistics, Depart- ment of Justice. Chetty, Raj, Nathaniel Hendren, Patrick Kline, Emmanuel Saez, and Nich- olas Turner. 2014. “Is the United States Still a Land of Opportunity? Recent Trends in Intergenerational Mobility.” NBER Working Paper 19844.
    [Show full text]
  • Cooperation in a Peer Production Economy Experimental Evidence from Wikipedia*
    Cooperation in a Peer Production Economy Experimental Evidence from Wikipedia* Yann Algan† Yochai Benkler‡ Mayo Fuster Morell§ Jérôme Hergueux¶ July 2013 Abstract The impressive success of peer production – a large-scale collaborative model of production primarily based on voluntary contributions – is difficult to explain through the assumptions of standard economic theory. The aim of this paper is to study the prosocial foundations of cooperation in this new peer production economy. We provide the first field test of existing economic theories of prosocial motives for contributing to real-world public goods. We use an online experiment coupled with observational data to elicit social preferences within a diverse sample of 850 Wikipedia contributors, and seek to use to those measures to predict subjects’ field contributions to the Wikipedia project. We find that subjects’ field contributions to Wikipedia are strongly related to their level of reciprocity in a conditional Public Goods game and in a Trust game and to their revealed preference for social image within the Wikipedia community, but not to their level of altruism either in a standard or in a directed Dictator game. Our results have important theoretical and practical implications, as we show that reciprocity and social image are both strong motives for sustaining cooperation in peer production environments, while altruism is not. JEL classification: H41, C93, D01, Z13 Keywords: Field Experiment, Public Goods, Social Preferences, Peer Production, Internet * We gratefully acknowledge financial support from the European Research Council (ERC Starting Grant) and logistical support from the Sciences Po médialab and the Wikimedia Foundation. We are grateful to Anne l’Hôte and Romain Guillebert for outsdanding research assistance.
    [Show full text]
  • An Experimental Investigation of Electoral Delegation and the Provision of Public Goods
    An Experimental Investigation of Electoral Delegation and the Provision of Public Goods John R. Hamman Florida State University Roberto A. Weber University of Zurich Jonathan Woon University of Pittsburgh How effectively do democratic institutions provide public goods? Despite the incentives an elected leader has to free ride or impose majority tyranny, our experiment demonstrates that electoral delegation results in full provision of the public good. Analysis of the experimental data suggests that the result is primarily due to electoral selection: groups elect prosocial leaders and replace those who do not implement full contribution outcomes. However, we also observe outcomes in which a minimum winning coalition exploits the contributions of the remaining players. A second experiment demonstrates that when electoral delegation must be endogenously implemented, individuals voluntarily cede authority to an elected agent only when preplay communication is permitted. Our combined results demonstrate that democratic delegation helps groups overcome the free-rider problem and generally leads to outcomes that are often both efficient and equitable. ocial scientists have long recognized individuals’ to Hobbes’ ideal vision of an absolute sovereign, decision strong incentives to “free ride” on the contribu- makers in modern democratic governments wield their S tionsofotherswhenpublicgoodsareprovided power temporarily, subject to popular approval, and reg- through decentralized, voluntary institutions (Dawes ular elections give citizens the opportunity to select new 1980; Hardin 1968; Lindahl 1919; Olson 1965; Samuelson leaders. 1954). As a result of such individual incentives, society will We explore the extent to which delegation through tend to underproduce public goods and will sometimes repeated elections can solve the free-rider problem by even fail to produce them at all.
    [Show full text]
  • Predictions and Nudges: What Behavioral Economics Has to Offer the Humanities, and Vice-Versa
    Book Review Predictions and Nudges: What Behavioral Economics Has to Offer the Humanities, and Vice-Versa Richard H. Thaler and Cass R. Sunstein, Nudge: Improving Decisions About Health, Wealth, and Happiness. New Haven: Yale University Press, 2008. Pp. 304. $26.00. Dan Ariely, Predictably Irrational: The Hidden Forces That Shape Our Decisions. New York: HarperCollins, 2008. Pp. 280. $25.95. Anne C. Dailey* Peter Siegelman** Rationalists, wearing square hats, Think, in square rooms, Looking at the floor, Looking at the ceiling. They confine themselves To right-angled triangles. If they tried rhomboids, Cones, waving lines, ellipses- As, for example, the ellipse of the half-moon- Rationalists would wear sombreros.1 Evangeline Starr Professor of Law and Associate Dean for Academic Affairs, University of Connecticut School of Law. ** Roger Sherman Professor of Law, University of Connecticut School of Law. We thank Ellen Siegelman for helpful comments. 1. Wallace Stevens, Six Significant Landscapes, VI, HARMONIUM (1916). Yale Journal of Law & the Humanities, Vol. 21, Iss. 2 [2009], Art. 6 Yale Journal of Law & the Humanities [21:2 The informed law and humanities reader can hardly fail to be aware that the field of economics has undergone a "behavioral revolution" over the past several decades, and that this revolution has spilled over into the legal academy. Open an economics journal these days and you are likely to find any number of articles billing themselves as "behavioral" in orientation. Similarly, law reviews are filled with articles bearing titles ranging from "A Behavioral Approach to Law and Economics"'2 to "Harnessing Altruistic Theory and Behavioral Law and Economics to Rein in Executive Salaries" 3 and "Some Lessons for Law from Behavioral Economics About Stockbrokers and Sophisticated Customers.
    [Show full text]
  • How Experiments with Children Inform Economics
    NBER WORKING PAPER SERIES HOW EXPERIMENTS WITH CHILDREN INFORM ECONOMICS John A. List Ragan Petrie Anya Samek Working Paper 28825 http://www.nber.org/papers/w28825 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 May 2021 Corresponding author: John List, University of Chicago, [email protected]. For helpful comments, we thank Steven Durlauf, Isabelle Brocas, Juan Carrillo, Asadul Islam, Justin Holz, Uditi Karna, Ariel Listo, and participants at a variety of seminars/conference presentations and three anonymous referees at the Journal of Economic Literature. For research assistance, we thank Kevin Sokal, Tarush Gupta, Andre Gray, Jessica Lopez, Andrew Yu, Haruka Uchida, Michael Cuna, Shreemayi Samujjwala, Meredith Birdsong, Adam Dessouky and students at the Behavioral and Experimental Economics (BEE) research group. This research was funded by the Kenneth and Anne Griffin Foundation and by NIH grant 1R01DK114238. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2021 by John A. List, Ragan Petrie, and Anya Samek. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. How Experiments with Children Inform Economics John A. List, Ragan Petrie, and Anya Samek NBER Working Paper No. 28825 May 2021 JEL No. C9,D1,J1 ABSTRACT In the past several decades the experimental method has lent deep insights into economics.
    [Show full text]
  • Behavioral Economics of Education: IZA DP No
    IZA DP No. 8853 Behavioral Economics of Education: Progress and Possibilities Adam M. Lavecchia Heidi Liu Philip Oreopoulos February 2015 DISCUSSION PAPER SERIES Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Behavioral Economics of Education: Progress and Possibilities Adam M. Lavecchia University of Toronto Heidi Liu Harvard University Philip Oreopoulos University of Toronto, NBER, CIFAR and IZA Discussion Paper No. 8853 February 2015 IZA P.O. Box 7240 53072 Bonn Germany Phone: +49-228-3894-0 Fax: +49-228-3894-180 E-mail: [email protected] Any opinions expressed here are those of the author(s) and not those of IZA. Research published in this series may include views on policy, but the institute itself takes no institutional policy positions. The IZA research network is committed to the IZA Guiding Principles of Research Integrity. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character.
    [Show full text]
  • A Summary of Papers on Fieldexperiments.Com
    A SUMMARY OF PAPERS ON FIELDEXPERIMENTS.COM: ALL FIELD EXPERIMENTS POSTED John A. List1 January 2019 Back in 2000, I was moved by Charlie Holt’s website that collated exactly 2000 (mostly) laboratory experiments. That site continues to be quite helpful for my students, colleagues, and me when we have a need to trace the great work that experimentalists have done over the years in the lab. Need insights on multi-unit auctions, “visit Charlie’s site” I often say to my students and colleagues. That site compelled me several years ago to create my own bibliographical site http://www.fieldexperiments.com, which lists publications and discussion papers in experimental economics that make use of the "field" in some manner. The site remains quite active, with an open source that allows scholars to post their own work, and to download hundreds of field experimental papers. With the growth of field experiments, I felt it apropos to provide a site that collated papers using field experiments--both published and working. In my own work I have reserved the term "field experiment" for those cases where I observed subjects in their naturally occurring environments. I explicitly, therefore, discriminated between explorations in this environment and laboratory studies that used non-standard subject pools. In a JEL paper (Harrison and List, 2004), such important differences are accounted for via qualifiers. I followed this nomenclature on the site by placing studies into three groups: 1. Artefactual field experiments, which are the same as conventional lab experiments but with a non-standard subject pool (i.e., non-students).
    [Show full text]
  • Removing the Rationality Assumption from Law and Economics
    California Law Review VOL. 88 JULY 2000 No. 4 Copyright © 2000 by California Law Review, Inc. Law and Behavioral Science: Removing the Rationality Assumption from Law and Economics Russell B. Korobkint Thomas S. Ulen$ Introduction ............................................................................................1053 I. The Uses and Shortcomings of Rational Choice Theory ................ 1060 A. Conceptions of Rational Choice Theory ................................... 1060 1. The Definitional Version .................................................... 1061 2. The Expected Utility Version ............................................ 1062 3. The Self-Interest Version ..................................... 1064 4. The Wealth Maximization Version .................................... 1066 Copyright © 2000 Russell B. Korobkin and Thomas S. Ulen t Associate Professor, University of Illinois College of Law and University of Illinois Institute of Government and Public Affairs. Visiting Professor, UCLA School of Law (2000-01). J.D., B.A., Stanford University. * Alumni Distinguished Professor, University of Illinois College of Law and Professor, University of Illinois Institute of Government and Public Affairs. Ph.D., Stanford University, M.A., Oxford University, B.A., Dartmouth College. We would like to thank the faculty and staff of the Max Planck Institute for Research into Economic Systems in Jena, Germany, for providing support and a stimulating environment in which to complete an early draft of this work. We also thank Robert Ashford,
    [Show full text]
  • Unbundling Risk Lee Anne Fennell
    University of Chicago Law School Chicago Unbound Coase-Sandor Working Paper Series in Law and Coase-Sandor Institute for Law and Economics Economics 2010 Unbundling Risk Lee Anne Fennell Follow this and additional works at: https://chicagounbound.uchicago.edu/law_and_economics Part of the Law Commons Recommended Citation Lee Anne Fennell, "Unbundling Risk" (John M. Olin Program in Law and Economics Working Paper No. 518, 2010). This Working Paper is brought to you for free and open access by the Coase-Sandor Institute for Law and Economics at Chicago Unbound. It has been accepted for inclusion in Coase-Sandor Working Paper Series in Law and Economics by an authorized administrator of Chicago Unbound. For more information, please contact [email protected]. CHICAGO JOHN M. OLIN LAW & ECONOMICS WORKING PAPER NO. 518 (2D SERIES) PUBLIC LAW AND LEGAL THEORY WORKING PAPER NO. 304 UNBUNDLING RISK Lee Anne Fennell THE LAW SCHOOL THE UNIVERSITY OF CHICAGO April 2010 This paper can be downloaded without charge at the John M. Olin Program in Law and Economics Working Paper Series: http://www.law.uchicago.edu/Lawecon/index.html and at the Public Law and Legal Theory Working Paper Series: http://www.law.uchicago.edu/academics/publiclaw/index.html and The Social Science Research Network Electronic Paper Collection. 60 DUKE L.J. (forthcoming Mar. 2011) DRAFT 4/7/10 UNBUNDLING RISK Lee Anne Fennell* In a 1963 lecture, Kenneth Arrow posited a world featuring complete markets in risk that would permit anyone “to bet, at fixed odds, any amount he wishes on the occurrence of any event which will affect his welfare in any way.”1 Under such a system, no human endeavor or experience would come with a fixed quantum of risk or insurance immutably bundled with it; rather, risk would be an à la carte element that could be bought and sold in any increment to suit the tastes and needs of each individual.
    [Show full text]