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Project Citation: 

Brynjolfsson, Erik, Eggers, Felix, and Gannamaneni, Avinash. Replication data for: Measuring Welfare with Massive Online Choice Experiments: A Brief Introduction. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114444V1

Project Description

Summary:  View help for Summary GDP is a measure of production, and yet it is widely used as a proxy for well-being. It is particularly ill-suited for assessing the contributions of digital goods which are free to consumers and thus excluded from GDP measures. This underscores the need to develop new measures of well-being which can assess not only the contributions of digital goods but also welfare more generally. In Brynjolfsson, Eggers, and Gannamaneni (2017), we propose a new way of measuring consumer welfare using massive online choice experiments. This brief paper motivates the need for such an approach and introduces the method.

Scope of Project

JEL Classification:  View help for JEL Classification
      C90 Design of Experiments: General
      E01 Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
      E23 Macroeconomics: Production


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