Reflections on the use of Randomized Controlled Trials
Randomized Controlled Trials (RCTs) are an increasingly prominent method in applied economics research. In this context, RCTs usually aim to estimate the impact of a program or policy on people’s wellbeing. A small group of Bahá’í economists recently had the opportunity to reflect on the use of this method as a means of generating veritable knowledge about human prosperity. During this session, the group’s initial thinking on the subject, including key questions, will be shared and discussed.