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Power(ful) guidelines for experimental economists

Author

Listed:
  • Kathryn N. Vasilaky

    (California Polytechnic State University
    Columbia University)

  • J. Michelle Brock

    (European Bank for Reconstruction and Development and CEPR)

Abstract

Statistical power is an important detail to consider in the design phase of any experiment. This paper serves as a reference for experimental economists on power calculations. We synthesize many of the questions and issues frequently brought up regarding power calculations and the literature that surrounds that. We provide practical coded examples and tools available for calculating power, and suggest when and how to report power calculations in published studies.

Suggested Citation

  • Kathryn N. Vasilaky & J. Michelle Brock, 2020. "Power(ful) guidelines for experimental economists," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 6(2), pages 189-212, December.
    • Handle: RePEc:spr:jesaex:v:6:y:2020:i:2:d:10.1007_s40881-020-00090-5
    DOI: 10.1007/s40881-020-00090-5
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    More about this item

    Keywords

    Power; Experiments; Design; Significance;
    All these keywords.

    JEL classification:

    • C9 - Mathematical and Quantitative Methods - - Design of Experiments

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