What is a novel experimental design that you would like to run? Question 1: Start describing the purpose of this experiment and how it fits with the rest of the literature. Question 2: Describe the exact experimental design. Question 3: In case you actually collect some data, present the econometric analysis. Otherwise describe the econometric procedures you would run, stating the purpose of each procedure. strict word count of minimum 2000 words. PLEASE DO NOT COPY AND PASTE OTHER ANSWERS FROM CHEGG ( THIS WILL BE REPORTED) PLEASE START THE QUESTION USING OWN WORK. NO PLAGERISM ALLOWED. CORRECT ANSWER WILL RECIEVE THUMBS UP AND GOOD FEEDBACK, MANY THANKS. THIS IS AN ECONOMICS QUESTION