A Nobel laureate on the limits of evidence-based policy
Chicago Booth Review Podcast
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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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