Publikationsdatum:
2020-07-01
Beschreibung:
The experimental method not only helps identify causal relationships, but also provides economists with a rich sense of context, focuses research on specific practical questions, stimulates collaboration with practitioners and specialists from other fields, and allows for rapid iteration. In this lecture, I present a series of examples illustrating how together these features make the experimental approach a powerful tool for advancing scientific understanding, informing policy, and promoting innovation. I then discuss how institutions can be designed to accelerate innovation and direct it toward the world’s most pressing needs. (JEL B31, C90, I10, O15, O30, O43)
Print ISSN:
0002-8282
Digitale ISSN:
1944-7981
Thema:
Wirtschaftswissenschaften
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