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A history of statistical methods in experimental economics

Nicolas Vallois and Dorian Jullien

The European Journal of the History of Economic Thought, 2018, vol. 25, issue 6, 1455-1492

Abstract: Statistics is a minor topic in historical and methodological writings on experimental economics. This article aims to address this lacuna. To do so, we conduct a quantitative analysis of papers published in the 1970–2010 period. We also provide qualitative insights through comparisons with econometrics and psychology. Our results reveal a significant change in experimental economics’s statistical methods, namely an evolution from purely descriptive methods to more sophisticated and standardized techniques. We highlight that, by contrast with psychology and econometrics, this evolution was not accompanied with explicit methodological discussions about the role of statistics in empirical research.

Date: 2018
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Working Paper: A History of Statistical Methods in Experimental Economics (2018) Downloads
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DOI: 10.1080/09672567.2018.1523445

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