A random walk through economics, politics, teaching, and learning...
Monday, October 11, 2010
Psychologists and Economists
We are very different types of social scientists. Seth Roberts does a good job of discussing how our approaches to data differ:
5. Psychologists rarely use observational data at all. To get them to appreciate sophisticated analysis of observational data is like getting someone who has never drunk any wine to appreciate the difference between a $20 wine and a $40 wine.