Sven Grüner, Norbert Hirschauer, Oliver Mußhoff
Published: 01.09.2016 〉 Volume 65 (2016), Number 3, 159-170 〉 Resort: Articles
Submitted: N. A. 〉 Feedback to authors after first review: N. A. 〉 Accepted: N. A.
Economic experiments have traditionally been conducted in laboratory settings. Since experimental conditions can be easily controlled and manipulated in the lab, high internal validity can be achieved. The external validity of lab experiments, however, is often poor due to the highly stylized environment. Hence, in recent years, researchers have increasingly left the lab and used the Internet to