title: Revealed preferences for policy experiments
creator: Chlond, Bettina
creator: Goeschl, Timo
creator: Lohse, Johannes
subject: ddc-330
subject: 330 Economics
description: Randomized controlled trials remain underutilized in informing policy design, despite their potential. Moral objections to experimentation (“experiment aversion”) have been proposed as an explanation. We present three studies with members of the general public and policy-makers that allow us to measure and compare moral approval, stated preferences as well as revealed preferences for policy experimentation, within the overarching context of a public assistance program. We find that evidence based on moral approval systematically underestimates revealed preferences for policy experimentation due to conceptual misalignment and hypothetical bias. People and policy-makers trade off possible moral objections against the benefits of policy experimentation.
date: 2025
type: Working paper
type: info:eu-repo/semantics/workingPaper
type: NonPeerReviewed
format: application/pdf
identifier: https://archiv.ub.uni-heidelberg.de/volltextserver/36795/7/Chlond_revealed_preferences_dp_763_2025.pdf
identifier: DOI:10.11588/heidok.00036795
identifier: urn:nbn:de:bsz:16-heidok-367956
identifier:   Chlond, Bettina ; Goeschl, Timo ; Lohse, Johannes  (2025) Revealed preferences for policy experiments.  [Working paper]     
relation: https://archiv.ub.uni-heidelberg.de/volltextserver/36795/
rights: info:eu-repo/semantics/openAccess
rights: http://archiv.ub.uni-heidelberg.de/volltextserver/help/license_urhg.html
language: eng