Undertaken as of a policy brief by Greg Fischer (LSE) and his MPA students, this project focuses on improving the policy environment for renewable energy projects serving the "Base of the Pyramid".
We utilize the Becker-Degroot-Marschak (1964) mechanism to estimate the willingness to pay for clean drinking water technology in northern Ghana. Under certain conditions, the BDM mechanism has attractive properties for empirical research, allowing us to directly estimate demand, compute heterogeneous treatment effects, and study the direct and screening effect of prices with minor modifications to a standard field experiment setting.
Recent survey evidence shows that the most profitable and productive firms tend to adopt personnel policies that link pay to performance and that firms in low-income countries are less likely to use these “good” human resources management practices. Incentive pay is a key component of management strategy, and yet field evidence on the impacts of both individual and team incentives is limited to studies carried out in high-income countries.