The Behavioral and Experimental Economics group has an influential position in this field in the Netherlands and Europe. CREED, the Amsterdam-based group, focuses particularly on three main projects: economics of political decision making; bounded rationality and institutions and experimental economics. The research of the Rotterdam-based group focuses on two broad themes: decision under risk and uncertainty and intertemporal choice.
- D. Hidalgo, M. Onof, H. Oosterbeek, J. Ponce
- Journal of Development Economics, 2013, 103, 43-51
To raise school participation, many programs in developing countries eliminate or reduce private contributions to education. Using data from a randomized experiment in Ecuador, we ironically find that announcing a free school uniform program had a negative impact on attendance. The school uniforms were distributed in only 63% of the schools that were told that they would get them, thus this negative impact could have been generated by creating false expectations of free distribution, or also by a sunk cost effect on those who did actually receive the uniforms.
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