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Economic and psychological experimental methodology: Separating the wheat from the chaff

Published online by Cambridge University Press:  06 November 2001

Hasker P. Davis  and
Robert L. Durham
Hasker P. Davis
Affiliation:
Department of Psychology, University of Colorado, Colorado Springs, CO 80933 hdavis@brain.uccs.edurdurham@brain.uccs.edu www.web.uccs.edu/hdavis www.web.uccs.edu/rdurham
Robert L. Durham
Affiliation:
Department of Psychology, University of Colorado, Colorado Springs, CO 80933 hdavis@brain.uccs.edurdurham@brain.uccs.edu www.web.uccs.edu/hdavis www.web.uccs.edu/rdurham
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Abstract

Hertwig and Ortmann suggest methodological practices from economics (script enactment, repeated measures, performance based payments, and absence of deception) for psychology. Such prescriptive methodologies may be unrepresentative of real world behaviors because people are not: always behaving with complete information, monetarily rewarded for important activities, repeating tasks to perfection, aware of all contributing variables. These proscriptions, while useful in economics, may obfuscate important psychological phenomena.

Type
Brief Report
Information
Behavioral and Brain Sciences , Volume 24 , Issue 3 , June 2001 , pp. 405 - 406
Copyright
© 2001 Cambridge University Press

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