2min chapter

Chicago Booth Review Podcast cover image

A Nobel laureate on the limits of evidence-based policy

Chicago Booth Review Podcast

CHAPTER

The Challenges of Interpreting Laboratory Experiments and Evidence in Behavioral Science and Economics

This chapter explores the limitations of relying solely on laboratory experiments in behavioral science and economics, highlighting issues of replicability and generalizability. The authors emphasize the importance of interpreting experimental findings in conjunction with theoretical work and multiple regressions for a more comprehensive understanding of the field.

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