GEOLOGY 002 Lecture Notes - Lecture 9: Treatment And Control Groups, Basel Convention, World Trade Organization
Document Summary
Trade: political is trade globalization a recent phenomenon (new transnational economy; world integrated into a global network of trade and interdependent division of labor), a long-term upward trend (as transportation and communication costs declined), or a cyclical process. There is a trend and a cycle. Free trade policies & word wars do not fit into waves. Middle wave does not fit: is due to falling transportation costs. Empirical economic become more credible because of design based studies: which emphasizes the identification of causal effects. Rcts are testing method for experimental designs issue of how climate change (warming and extreme temperatures) could affect political outcomes, risk of conflict, civil war. Hot and cold rooms (kenya vs. usa) impatience, risk aversion, or generosity are not affected in hot room but degree of antisocial behavior relating to how people treat others. Why scale of rtcs matters and whys of how researchers can overcome. Limitations of rcts can be overcome by scaling up.
