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2019 | OriginalPaper | Buchkapitel

7. Experimental Economics: A Test-Bed for the Unconditional Basic Income?

verfasst von : Sascha Füllbrunn, Lei Delsen, Jana Vyrastekova

Erschienen in: Empirical Research on an Unconditional Basic Income in Europe

Verlag: Springer International Publishing

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Abstract

Experimental economics is a method used by economists to explain or predict the behaviour of economic agents under a controlled institutional environment. This method can be used to test policies in order to inform policy-makers about the impact of proposed alternatives, referred to as ‘whispering in the ears of princes’ (Nobel prize winner Al Roth). In this chapter, we take a detailed look at this method and how it can help to understand the consequences of an Unconditional Basic Income. Additionally, we demonstrate a small scale experiments on risk-taking with and without the influence of the Unconditional Basic Income.

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Fußnoten
1
Researchers and politicians give their opinions based on partial elements of a society, e.g. Goldin (2018). Five reasons why universal basic income is a bad idea, Financial Times, 11 February; Standing (2018) Universal basic income would enhance freedom and cut poverty, Financial Times, 14 February 2018.
 
2
In Chapter 2, Delsen and Schilpzand use survey data to establish the expected changes in labour market behaviour of UBI in the European Union.
 
3
Actually, given the schemes provided, the total net income in Kederer et al. (2017) is lower in the UBI schemes than in the simple tax scheme.
 
4
For recent articles on real-effort tasks see Gächter, Huang, and Sefton (2016) , Dutcher, Salmon, and Saral (2015) , or Erkal, Gangadharan, and Koh (2018) .
 
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Metadaten
Titel
Experimental Economics: A Test-Bed for the Unconditional Basic Income?
verfasst von
Sascha Füllbrunn
Lei Delsen
Jana Vyrastekova
Copyright-Jahr
2019
DOI
https://doi.org/10.1007/978-3-030-30044-9_7