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INFORMATION, NETWORKS AND INFORMAL INSURANCE: EVIDENCE FROM A LAB EXPERIMENT IN THE FIELD
Asymmetric information insurance social networks
2015/7/15
When communities engage in risk-sharing with asymmetric information, wherein
a member of a risk-sharing group is unable to verify the income and shocks experienced by
the others, they are unable to ...
TESTING MODELS OF SOCIAL LEARNING ON NETWORKS: EVIDENCE FROM A FRAMED FIELD EXPERIMENT
Networks Bayesian learning DeGroot learning
2015/7/15
Theory has focused on two leading models of social learning on networks:
Bayesian and DeGroot rules of thumb learning. These models can yield greatly divergent
behavior; individuals employing rules ...
SOCIAL NETWORKS AS CONTRACT ENFORCEMENT: EVIDENCE FROM A LAB EXPERIMENT IN THE FIELD
Social Networks Contract Enforcement Informal Insurance
2015/7/15
Absence of well-functioning formal institutions leads to reliance on social
networks to enforce informal contracts. Social ties may aid cooperation, but agents
vary in network centrality, and this h...
NETWORK CENTRALITY AND INSTITUTIONAL DESIGN: EVIDENCE FROM A LAB EXPERIMENT IN THE FIELD
Social networks Institutional design Informal contracting
2015/7/15
While social closeness mitigates contractual incompleteness, we examine how communities
can enlist third parties to improve cooperation between socially distant pairs. Network-central members
may be...
SOCIAL NETWORKS, REPUTATION AND COMMITMENT: EVIDENCE FROM A SAVINGS MONITORS EXPERIMENT
Commitment Reputation Savings
2015/7/15
We conduct a field experiment with 1,300 participants in India to measure
whether individuals save more when information about their savings is regularly shared
with another member of their vi...