Abstract

Abstract The 2019 Economics Nobel Laureates have shed light on how several disciplines can learn from each other to achieve a greater goal. Thanks to their work, economics has begun to follow the methodological and institutional path laid out, amongst others, in medical sciences. The prize creates a momentum in economics to work on areas in which the field still falls short of achievable, higher standards and on more rigor in research transparency, cooperation, and accountability. Yet we also argue that the benefits from the linkage between disciplines are not one-sided. The application and recognition of field experiments as a method in economics have also advanced and enlarged the methodological toolkit on topics such as quasi-experimental method, non-compliance, and mediation analysis. Methods urgently needed to address topics of global concern.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call