The impact of experience on how we perceive the rule of law
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- dc.contributor.author Arruñada, Benito
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2020-05-25T09:27:07Z
- dc.date.available 2020-05-25T09:27:07Z
- dc.date.issued 2019-11-01
- dc.date.modified 2020-05-25T09:25:15Z
- dc.description.abstract Experience is a major source of knowledge. Could institutions be improved by eliciting the additional knowledge held by experienced individuals? I show here that in several areas of the law experienced individuals are more critical of institutional quality than inexperienced individuals. Moreover, performance indexes built with experienced subsamples substantially alter country rankings. Assuming no unmeasured confounders, more knowledge arguably leads experienced individuals to revise the more benign view held by the general population, composed mostly of inexperienced individuals. Moreover, experience is a stronger driver than alternative sources of knowledge, including education, which might therefore be reinforcing milder and, arguably, incorrect assessments of institutional quality. After observing how this â experience effectâ varies systematically across countries, I conclude by proposing that evaluations of institutional quality pay greater attention to experienced individuals and cautioning against basing inferences on assessments made by the general population.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1683
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/44781
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1683
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword institutions
- dc.subject.keyword experience
- dc.subject.keyword knowledge
- dc.subject.keyword perception
- dc.subject.keyword Rule of law
- dc.subject.keyword measurement
- dc.subject.keyword Business Economics and Industrial Organization
- dc.title The impact of experience on how we perceive the rule of law
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper