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The B.E. Journal of Economic Analysis & Policy
Field Experiments: A Bridge between Lab and Naturally Occurring Data
Economics, Econometrics and Finance (miscellaneous)
Economics and Econometrics
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spelling List, John A. 1935-1682 2194-6108 Walter de Gruyter GmbH Economics, Econometrics and Finance (miscellaneous) Economics and Econometrics http://dx.doi.org/10.2202/1538-0637.1747 <jats:p>Laboratory experiments have been used extensively in economics in the past several decades to lend both positive and normative insights into a myriad of important economic issues. This study discusses a related approach that has increasingly grown in prominence of late—field experiments. I argue that field experiments serve as a useful bridge between data generated in the lab and empirical studies using naturally-occurring data. In discussing this relationship, I highlight that field experiments can yield important insights into economic theory and provide useful guidance to policymakers. I also draw attention to an important methodological contribution of field experiments: they provide an empirical account of behavioral principles that are shared across different domains. In this regard, at odds with conventional wisdom, I argue that representativeness of the environment, rather than representative of the sampled population, is the most crucial variable in determining generalizability of results for a large class of experimental laboratory games.</jats:p> Field Experiments: A Bridge between Lab and Naturally Occurring Data The B.E. Journal of Economic Analysis & Policy
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title Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_unstemmed Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_full Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_fullStr Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_full_unstemmed Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_short Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_sort field experiments: a bridge between lab and naturally occurring data
topic Economics, Econometrics and Finance (miscellaneous)
Economics and Econometrics
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spelling List, John A. 1935-1682 2194-6108 Walter de Gruyter GmbH Economics, Econometrics and Finance (miscellaneous) Economics and Econometrics http://dx.doi.org/10.2202/1538-0637.1747 <jats:p>Laboratory experiments have been used extensively in economics in the past several decades to lend both positive and normative insights into a myriad of important economic issues. This study discusses a related approach that has increasingly grown in prominence of late—field experiments. I argue that field experiments serve as a useful bridge between data generated in the lab and empirical studies using naturally-occurring data. In discussing this relationship, I highlight that field experiments can yield important insights into economic theory and provide useful guidance to policymakers. I also draw attention to an important methodological contribution of field experiments: they provide an empirical account of behavioral principles that are shared across different domains. In this regard, at odds with conventional wisdom, I argue that representativeness of the environment, rather than representative of the sampled population, is the most crucial variable in determining generalizability of results for a large class of experimental laboratory games.</jats:p> Field Experiments: A Bridge between Lab and Naturally Occurring Data The B.E. Journal of Economic Analysis & Policy
spellingShingle List, John A., The B.E. Journal of Economic Analysis & Policy, Field Experiments: A Bridge between Lab and Naturally Occurring Data, Economics, Econometrics and Finance (miscellaneous), Economics and Econometrics
title Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_full Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_fullStr Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_full_unstemmed Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_short Field Experiments: A Bridge between Lab and Naturally Occurring Data
title_sort field experiments: a bridge between lab and naturally occurring data
title_unstemmed Field Experiments: A Bridge between Lab and Naturally Occurring Data
topic Economics, Econometrics and Finance (miscellaneous), Economics and Econometrics
url http://dx.doi.org/10.2202/1538-0637.1747