KNT Presentation Notes

To motivation empirical model experimental design

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Unformatted text preview: ated; " random utility component speci…c to match (i ; j ) Kendall, Nannicini & Trebbi (2014): “How Do Voters Respond to Information?” to Motivation Empirical model Experimental design Reduced-form results Model estimation Conclusion Voters’information set j fV i;;P (v ; p ): Voter-i joint prior distribution function of V , P for j = A; B ) V and P may be correlated ) prior beliefs may depend on q Experimental strategy implies exogenous variation in voters’information set. We randomly divide voters into types H 2 f1; : : : ; 4g: H = 1 ) message about V but not P of A H = 2 ) message about P but not V of A H = 3 ) message about both V and P of A H = 4 ) message about neither V nor P of A j fV i;;P (v ; p jH = h): Type-h joint posterior distribution function Kendall, Nannicini & Trebbi (2014): “How Do Voters Respond to Information?” Motivation Empirical model Experimental design Reduced-form results Model estimation Conclusion Voting behavior Expected utility of voter i from the el...
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