Behavioral economists use which technique to test economic theory?
A) controlled experiments
B) price theory
C) environmental economics
D) lie detector tests

Question

Quizplus · Accepted Answer

Behavioral economists use controlled experiments to test economic theory. This involves setting up an environment in which variables are carefully manipulated and the effects on behavior observed. These experiments can help identify the underlying motivations and biases that influence economic decision-making.

Behavioral Economists Use Which Technique to Test Economic Theory