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Psychologists should learn structural specification and experimental econometrics

Published online by Cambridge University Press:  10 February 2022

Don Ross*
Affiliation:
School of Society, Politics, and Ethics, University College Cork, Cork, T12 AW89, Ireland. [email protected] School of Economics, University of Cape Town, Rondebosch7701, South Africa. http://uct.academia.edu/DonRoss Center for Economic Analysis of Risk, J. Mack Robinson College of Business, Georgia State University, Atlanta, GA30303, USA

Abstract

The most plausible of Yarkoni's paths to recovery for psychology is the least radical one: psychologists need truly quantitative methods that exploit the informational power of variance and heterogeneity in multiple variables. If they drop ambitions to explain entire behaviors, they could find a box full of design and econometric tools in the parts of experimental economics that don't ape psychology.

Type
Open Peer Commentary
Copyright
Copyright © The Author(s), 2022. Published by Cambridge University Press

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References

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