Assume an economic model predicts that, under a given set of assumptions, manipulating independent variable X will
Question:
Assume an economic model predicts that, under a given set of assumptions, manipulating independent variable X will increase dependent variable Y. What can possibly be learned from an experiment that imposes the set of assumptions and confirms the predictions of the experiment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Experimental tests of economic models run the risk of using ver...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
1+ Reviews
10+ Question Solved
Related Book For 
Behavioral Finance
ISBN: 9780190868741
1st Edition
Authors: H. Kent Baker, Greg Filbeck, John R. Nofsinger
Question Posted:
