Commenced in January 2007
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Edition: International
Paper Count: 1
Search results for: inductivism
1 Internal and External Validity in Experimental Economics
Authors: H. Chytilová, R. Maialeh
Abstract:
Experimental economics is subject to criticism with regards to frequently discussed the trade-off between internal and external validity requirements, which seems to be critically flawed. This paper evaluates incompatibility of trade-off condition and condition of internal validity as a prerequisite for external validity. In addition, it outlines the imprecise concept of artificiality, which is found to be rather improving the external validity and seems to strengthen the illusory status of external versus internal validity tension. Internal validity is further analyzed with regards to Duhem- Quine problem, where unpredictability argument is significantly weakened trough application of inductivism within the illustrative hypothetical-deductive model. Our discussion partially weakens critical arguments related to the robustness of results in experimental economics, if the perfectly controlled experimental environment is secured.Keywords: Duhem-Quine Problem, external validity, inductivism, internal validity.
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