Randomised

How randomised trials became big in development economics

How randomised trials became big in development economics: 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 three researchers for “their experimental approach to alleviating global poverty”, one which has “transformed development …

Randomised trials in economics: what the critics have to say

Randomised trials in economics: what the critics have to say: Nobel Prize Laureates in Economic Sciences Michael Kremer, Esther Duflo and Abhijit Banerjee. Epa/Jonas Ekstromer The 2019 Nobel Prize has been awarded to three scholars for pioneering recent attempts to answer microeconomic issues in development using randomised experiments. Over the last three decades randomised trials …