Thomas D. Cook, a professor of sociology, psychology, education, and social policy at Northwestern University, criticizes education researchers’ reluctance to perform randomized experiments. He points ...

A new statistical tool can help researchers get meaningful results when a randomized experiment, considered the gold standard, is not possible. A new statistical tool can help researchers get ...

The number-one job of a marketer is to invest budget wisely to drive sales. That inherently requires accurately measuring the performance of that spending. Yet most advertisers still rely on flawed ...

Randomized experiments have long been a cornerstone of scientific research. And many tech companies run randomized tests to learn from the huge amounts of data their customers generate. In 2019, ...

Esther Duflo (L) and Abhijit Banerjee, who, along with Michael Kremer (not pictured), won the 2019 Nobel Prize in Economic Sciences. EPA/CJ Gunther The 2019 Nobel Prize in economics was awarded to ...

If inflation increases rapidly, how do we know that higher interest rates will bring prices under control? And how do we know how much of the monetary “medicine” to administer? Economics relies ...

American Dynasty, a commercial trawler, departed Seattle one day in May to fish for hake off the Washington coast. Before leaving, its 122 crew members were screened for the coronavirus using the ...

A scientific approach to reducing poverty’s many harmful effects via field experiments in schools and other real-world settings has won the Nobel Memorial Prize in Economic Sciences. Economists ...