Designing Information Provision Experiments

Ingar Haaland, Christopher Roth and Johannes Wohlfart

Journal of Economic Literature, 2023, vol. 61, issue 1, 3-40

Abstract: 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.

JEL-codes: C90 D83 D91 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (97)

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Related works:
Working Paper: Designing Information Provision Experiments (2020)
Working Paper: Designing Information Provision Experiments (2020)
Working Paper: Designing Information Provision Experiments (2020)
Working Paper: Designing Information Provision Experiments (2020)
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DOI: 10.1257/jel.20211658

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