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Economic Field Experiments: Comments on Design Efficiency, Sample Size and Statistical Power

  • Johannes Ledolter

    ()

    (Department of Management Science and Department of Statistics and Actuarial Science, University of Iowa, U.S.A.)

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    This paper puts forward suggestions that could improve the efficiency of field experiments as they are currently carried out in experimental economics. Two recommendations are made: (1) Prior to the actual study, economic field experiments should include sample size calculations that confirm that meaningful effects can be detected. (2) Economic field experiments should take advantage of the power of multi-factor experimental plans.

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    File URL: http://www.jem.org.tw/content/pdf/Vol.9No.2/08.pdf
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    Article provided by College of Business, Feng Chia University, Taiwan in its journal Journal of Economics and Management.

    Volume (Year): 9 (2013)
    Issue (Month): 2 (July)
    Pages: 271-290

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    Handle: RePEc:jec:journl:v:9:y:2013:i:2:p:271-290
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    1. John List & Mathis Wagner & Sally Sadoff, 2010. "So you want to run an experiment, now what? Some simple rules of thumb for optimal experimental design," Artefactual Field Experiments 00094, The Field Experiments Website.
    2. M. Ruth & K. Donaghy & P. Kirshen, 2006. "Introduction," Chapters, in: Regional Climate Change and Variability, chapter 1 Edward Elgar.
    3. repec:sae:ecolab:v:16:y:2006:i:2:p:1-2 is not listed on IDEAS
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