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by Lars P. SyllBehavioural experiments and laboratory research face the same basic problem as theoretical models - they are built on often rather artificial conditions and have difficulties with the ‘trade-off’ between internal and external validity. The more artificial conditions, the more internal validity, but also less external validity. The more we rig experiments to avoid the ‘confounding factors’, the less the conditions are reminiscent of the real ‘target system.’

Jakob kapellerJames galbraithWalt disneyNew classical economicsNew keynesianismWalt disney worldWalt disneyஜேம்ஸ் கல்பிரைத்வால்ட் டிஸ்னிவால்ட் டிஸ்னி உலகம்Larsp syllEconomic theoryBehavioural economicsComplexity economicsEconomic modelsHomo economicus