Confounds and Objectives in Economic Experiments

25 Pages Posted: 15 Aug 2011

See all articles by Daniel John Zizzo

Daniel John Zizzo

University of Queensland - School of Economics

Date Written: August 15, 2011

Abstract

The key general problem in design, evaluating and defending an experimental design is to determine whether there are factors affecting experimental behavior that are not being duly taken into account. We present a relevance, distinctiveness and plausibility (RDP) framework for systematically evaluating potential experimental confounds, and present examples. Relevance relates to the functional relationship between potential confounds and objectives. Distinctiveness is about whether potential confounds and objectives relate essentially to the same thing. Plausibility can be based on direct or indirect evidence or, failing those, to a more global judgment based on all available knowledge at a point in time.

Keywords: confounds, methodology of experimental economics, experimental objectives, relevance, distinctiveness, plausibility

JEL Classification: B41, C90

Suggested Citation

Zizzo, Daniel John, Confounds and Objectives in Economic Experiments (August 15, 2011). Available at SSRN: https://ssrn.com/abstract=1909739 or http://dx.doi.org/10.2139/ssrn.1909739

Daniel John Zizzo (Contact Author)

University of Queensland - School of Economics ( email )

St Lucia
Brisbane, Queensland 4072
Australia

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