Field Experiments
UCF Economics Working Paper No. 03-12
90 Pages Posted: 18 Apr 2005
Date Written: July 2004
Abstract
Experimental economists are leaving the reservation. They are recruiting subjects in the field rather than in the classroom, using field goods rather than induced valuations, and using field context rather than abstract terminology in instructions. We argue that there is something methodologically fundamental behind this trend. Field experiments differ from laboratory experiments in many ways. Although it is tempting to view field experiments as simply less controlled variants of laboratory experiments, we argue that to do so would be to seriously mischaracterize them. What passes for "control" in laboratory experiments might in fact be precisely the opposite if it is artificial to the subject or context of the task. We propose six factors that can be used to determine the field context of an experiment: the nature of the subject pool, the nature of the information that the subjects bring to the task, the nature of the commodity, the nature of the task or trading rules applied, the nature of the stakes, and the environment that subjects operate in.
Keywords: Field experiments
JEL Classification: C93
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
Neoclassical Theory Versus Prospect Theory: Evidence from the Marketplace
By John A. List
-
Sorting, Prices, and Social Preferences
By Edward P. Lazear, Roberto A. Weber, ...
-
The Origin of the Winner's Curse: A Laboratory Study
By Gary Charness and Dan Levin
-
Experimental Evidence on Alternative Environmental Valuation Methods
-
Friend or Foe? A Natural Experiment of the Prisoner's Dilemma
By John A. List
-
Naturally Occurring Markets and Exogenous Laboratory Experiments: A Case Study of the Winner's Curse
By Glenn W. Harrison and John A. List
-
Risk Attitudes, Randomization to Treatment, and Self-Selection into Experiments
By Glenn W. Harrison, Morten I. Lau, ...
-
Overconfidence vs. Market Efficiency in the National Football League
By Cade Massey and Richard H. Thaler