Which of the following is (are) shortcomings of lab experiments?
I. People in lab experiments know that they are being studied, so they may not behave normally.
II. The amount of money involved in lab experiments is small, which means the participants do not stand to gain or lose much from their choices.
III. Many people in experiments are asked to do things that they have never done before.
A) II
B) I and II
C) III
D) I, II, and III

Question

Quizplus · Accepted Answer

Lab experiments often face several shortcomings, including the awareness of participants that they are being studied, which can alter their behavior (I); the typically small stakes involved, which might not accurately reflect real-world decision-making pressures (II); and the novelty of tasks, which can affect how participants respond due to unfamiliarity (III).

Which of the Following Is (Are) Shortcomings of Lab Experiments