Randomised Controlled Trials
Randomised Controlled Trials What can RCTs tell us? Nowadays it is widely believed among mainstream economists that the scientific value of randomisation - contrary to other methods - is totally uncontroversial and that randomised experiments are free from bias. When looked at carefully, however, there are in fact few real reasons to share this optimism on the alleged 'experimental turn' in economics. Strictly seen, randomisation does not guarantee anything. Please share this article - Go to very top of page, right hand side, for social media buttons. 'Ideally controlled experiments' tell us...
Source: econintersect.com