Research report 2009 - Max Planck Institute of Economics (1993 until 2014)

Field Experiments in Economics

Authors
Koppel, Hannes; Regner, Tobias
Departments

Strategische Interaktion (Prof. Dr. Werner Güth)
MPI für Ökonomik, Jena

Summary
Over the last two decades lab experiments became an established method in economics. Only recently field experiments gained some prominence. Both have their respective pros and cons, and we point out that their use should be regarded as complementary. Finally, the potential scope of field experiments is illustrated in showing three recent studies in the context of payment mechanisms and charity.

For the full text, see the German version.

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