Against Applicability: A critique of Guala’s Methodology of Experimental Economics
AbstractThe methodology of experimental economics has developed rapidly over the last ten years with many exciting debates within the field. One of the main contributors to this debate has been Guala who has written several articles and a well- received book on the subject. This paper argues that, while much of what he argues is correct, his views on external validity are not justified and the conclusions which he draws from these views could fatally undermine the experimental economics enterprise. In rejecting the justification of these views, the paper reaffirms the importance of the experiments in economics.
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Bibliographic InfoPaper provided by Economic Studies, University of Dundee in its series Dundee Discussion Papers in Economics with number 205.
Length: 18 pages
Date of creation: Dec 2007
Date of revision:
Experiments; External Validity; Applicability;
Find related papers by JEL classification:
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-09-20 (All new papers)
- NEP-CBE-2008-09-20 (Cognitive & Behavioural Economics)
- NEP-EVO-2008-09-20 (Evolutionary Economics)
- NEP-EXP-2008-09-20 (Experimental Economics)
- NEP-HPE-2008-09-20 (History & Philosophy of Economics)
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