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Not So Natural Experiments

BY | July 29, 2013

Gregory Leonard, Jul 29, 2013 Over the last 20 years, the economics profession has moved away from the estimation of structural economic models and toward the use of experiments, either…

Gregory Leonard, Jul 29, 2013

Over the last 20 years, the economics profession has moved away from the estimation of structural economic models and toward the use of experiments, either controlled experiments or so-called “natural” experiments, for the purposes of estimating the causal effects of programs, policies, and other interventions. While industrial organization economists have been slower to adopt the experimental approach, it is increasingly commonly seen in industrial org

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