000 01304nam a22001577a 4500
999 _c517245
_d517245
008 210707b ||||| |||| 00| 0 eng d
100 _aLigon, Ethan and Schechter, Laura
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245 _aStructural experimentation to distinguish between models of risk sharing with frictions in rural Paraguay
260 _aEconomic Development and Cultural Change
300 _a69(1), Oct, 2020: p.1-50
520 _aWe conduct dictator-type games in rural Paraguay; different treatments involve manipulating players’ information and choice sets. From individuals’ choices in the games, we draw inferences regarding impediments to efficient risk sharing in the larger village supergame. Outcomes from the experimental games suggest that players in most villages are reacting to the kinds of incentives that we would predict from a private information model with hidden investments, while in others players act in a manner consistent with the predictions of a model with limited commitment. No single one of our models can explain outcomes in all villages, but outcomes in nearly every village are consistent with one or more of our models. – Reproduced
650 _aRural Paraguay, Village
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773 _aEconomic Development and Cultural Change
906 _aRURAL DEVELOPMENT
942 _cAR