Designing Information Provision Experiments
CEBI Working Paper Series, Working Paper 20/20
55 Pages Posted: 22 Jul 2020
There are 2 versions of this paper
Designing Information Provision Experiments
Date Written: June 29, 2020
Abstract
We review methodological questions relevant for the design of information provision experiments. We first provide a literature review of major areas in which information provision experiments are applied. We then outline key measurement challenges and design recommendations that may be of help for practitioners planning to conduct an information experiment. We discuss the measurement of subjective beliefs, including the role of incentives and ways to reduce measurement error. We also discuss the design of the information intervention, as well as the measurement of belief updating. Moreover, we describe ways to mitigate potential experimenter demand effects and numerical anchoring arising from the information treatment. Finally, we discuss typical effect sizes in information experiments.
Keywords: Experimental Design, Beliefs, Information, Obfuscation
JEL Classification: C90, D83, D91, L82
Suggested Citation: Suggested Citation