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SELECTION BIAS,DEMOGRAPHIC EFFECTS AND ABILITY EFFECTS IN COMMON VALUE AUCTION EXPERIMENTS
common value auction experiments selection effects econometric methods gender and ability effects learning
2015/9/18
Inexperienced women, along with economics and business majors, are much more susceptible to the winner’s curse, as are subjects with lower SAT/ACT scores. There are strong selection effects in bid fun...
Is There Selection Bias in Laboratory Experiments? The Case of Social and Risk Preferences
selection bias laboratory experiments external validity social preferences risk preferences
2012/11/1
Laboratory experiments are frequently used to examine the nature of individual preferences and inform economic theory. However, it is unknown whether the preferences of volunteer participants are repr...
Generalized Selection Bias and The Decomposition of Wage Differentials
Decomposition analysis of wage differentials discrimination generalized selection bias maximum likelihood estimation Heckman’s two-step method
2013/10/17
The major contribution of this paper is ending a new and flexible way to measure the effects of selection on log-wages. In this context, we offer a general approach to performing decomposition analysi...