Join us for an ICES Brown Bag Lecture, featuring Omar Al-Ubaydli.
Dr. Al-Ubaydli, of the Bahrain Center for Strategic, International and Energy Studies and George Mason University, will discuss his paper Achieving Experimental Results that Scale: Lessons from the Medical Literature (Abstract). The talk will take place on Thursday, March 2nd, from 12:00 to 1:00pm, in room 5075 of the Metropolitan Building, Arlington campus.
Coffee and dessert will be provided.
Please visit the Brown Bag Schedule to learn more about the Brown Bag series.
Economists often conduct experiments that demonstrate the benefits to individuals of modifying their behavior, such as using a new production process at work, or investing in a novel financial asset. A common occurrence is for adoption of the intervention proposed in these small-scale studies to diminish substantially when applied at a larger scale, contrary to the interests of the non-adopters, which undermines the policy-relevance of the original studies. This is isomorphic to the problem of patient non-adherence to medications that are known to be effective. The large medical literature on countermeasures furnishes economists with potential remedies to this manifestation of the scaling problem.