Economic Field Experiments: Comments on Design Efficiency, Sample Size and Statistical Power
Johannes Ledolter ()
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Johannes Ledolter: Department of Management Science and Department of Statistics and Actuarial Science, University of Iowa, U.S.A.
Journal of Economics and Management, 2013, vol. 9, issue 2, 271-290
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.
Keywords: economic field experiments; experimental design; multi-factor experiments; sample size; statistical power (search for similar items in EconPapers)
JEL-codes: C9 C90 C93 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:jec:journl:v:9:y:2013:i:2:p:271-290
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