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Journal of Economic Perspectives: Vol. 25 No. 3 (Summer 2011)
JEP Volume. 25, Issue 3 |
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Mechanism Experiments and Policy Evaluations
Article Citation
Ludwig, Jens,
Jeffrey R. Kling, and
Sendhil Mullainathan. 2011. "Mechanism Experiments and Policy Evaluations."
Journal of Economic Perspectives,
25(3): 17-38.
DOI: 10.1257/jep.25.3.17
DOI: 10.1257/jep.25.3.17
Abstract
Randomized controlled trials are increasingly used to evaluate policies. How can we make these experiments as useful as possible for policy purposes? We argue greater use should be made of experiments that identify the behavioral mechanisms that are central to clearly specified policy questions, what we call "mechanism experiments." These types of experiments can be of great policy value even if the intervention that is tested (or its setting) does not correspond exactly to any realistic policy option.
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Full-text Article (Complimentary)
Authors
Ludwig, Jens (U Chicago)
Kling, Jeffrey R. (US Congressional Budget Office)
Mullainathan, Sendhil (Harvard U)
Kling, Jeffrey R. (US Congressional Budget Office)
Mullainathan, Sendhil (Harvard U)
JEL Classifications
C90: Design of Experiments: General
D04: Microeconomic Policy: Formulation; Implementation; Evaluation
E61: Policy Objectives; Policy Designs and Consistency; Policy Coordination
D04: Microeconomic Policy: Formulation; Implementation; Evaluation
E61: Policy Objectives; Policy Designs and Consistency; Policy Coordination
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