Mechanism Design for Personalized Policy: A Field Experiment Incentivizing Exercise
个性化政策的机制设计：激励运动的实地实验
Personalizing policies can theoretically increase their effectiveness. However, personalization is difficult when individual types are unobservable and the preferences of policymakers and individuals are not aligned, which could cause individuals to misreport their type. Mechanism design offers a strategy to overcome this issue: offer an “incentive‐compatible” menu of policy choices designed to induce participants to select the variant intended for their type. Using a field…