Hostname: page-component-78c5997874-m6dg7 Total loading time: 0 Render date: 2024-10-30T01:57:02.278Z Has data issue: false hasContentIssue false

Theorize it both ways?

Published online by Cambridge University Press:  06 November 2001

Tim Rakow
Affiliation:
Department of Psychology, University of Essex, Colchester, Essex, CO4 3SQ, United Kingdomtimrakow@essex.ac.uk

Abstract

Psychologists' lack of methodological uniformity reflects their greater breadth of enquiry than experimental economists. The need for a theoretical understanding of one-shot decisions validates research undertaken without the repetition of trials. Theories tested only with financial incentives may not reliably predict some classes of decision such as those involving health. Undue emphasis on the importance of replication risks the proliferation of theories with limited generalizability.

Type
Brief Report
Copyright
© 2001 Cambridge University Press

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)