Research report 2009
Field Experiments in Economics
Koppel, Hannes; Regner, Tobias
Strategische Interaktion (Prof. Dr. Werner Güth)
MPI für Ökonomik, Jena
SummaryOver 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.