Nobel Prize in Economics: What are 'natural experiments'?
Developed in the 1990s, "natural experiments" are an innovative way of conducting empirical research to determine cause-and-effect relationships.
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Developed in the 1990s, "natural experiments" are an innovative way of conducting empirical research to determine cause-and-effect relationships.
Doing something in the controlled conditions of a laboratory and doing it out in the world are two very different things.
International, MNA | The work of David Card, Joshua Angrist and Guido Imbens, who were awarded the Nobel Prize in Economics on Monday, is based on "natural
Nobel Economics Prize: Natural experiments differ from therapeutic trials in that -- unlike scientists in the lab -- economists do not control the parameters of the experiment.