· 2016· Preprint
The Online Laboratory: Conducting Experiments in a Real Labor Market∗
- 1,556citations
- 2016year
Short summary
Online labor markets can replicate classic psychological and economic experiments with high validity, comparable to lab or field studies, but at lower cost and faster speed.
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Key points
- Online labor markets can yield experimental results quantitatively similar to physical laboratory settings.
- Online subjects' choices are influenced by priming and framing, mirroring behavior in traditional experiments.
- A field experiment using an online market confirmed upward-sloping labor supply curves.
- Online experiments offer a cost-effective and time-efficient alternative to traditional research methods.
AI-generated from the title and abstract; the full text is not read.
Abstract
Online labor markets have great potential as platforms for conducting experiments. They provide immediate access to a large and diverse subject pool, and allow researchers to control the experimental context. Online experiments, we show, can be just as valid—both internally and externally—as laboratory and field experiments, while often requiring far less money and time to design and conduct. To demonstrate their value, we use an online labor market to replicate three classic experiments. The first finds quantitative agreement between levels of cooperation in a prisoner's dilemma played online and in the physical laboratory. The second shows—consistent with behavior in the traditional laboratory—that online subjects respond to priming by altering their choices. The third demonstrates that when an identical decision is framed differently, individuals reverse their choice, thus replicating a famed Tversky-Kahneman result. Then we conduct a field experiment showing that workers have upward-sloping labor supply curves. Finally, we analyze the challenges to online experiments, proposing methods to cope with the unique threats to validity in an online setting, and examining the conceptual issues surrounding the external validity of online results. We conclude by presenting our views on the potential role that online experiments can play within the social sciences, and then recommend software development priorities and best practices.
The authors' abstract, as published at the source., 2016 · DOI ↗
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