Esther Duflo and Randomized Controlled Trails
Esther Duflo
- 2019 Nobel Prize in Economics
- Professor in Economics in MIT
RCTs
But Abhijit immediately understood the power of RCTs, not just as a tool to evaluate programs, but as a way of turning development economics on its head by giving us the freedom to put any theory to the test.
Noteable RCTs
- 1747 scurvy trial by James Lind (Tröhler 2005)
- UK Medical Research Council’s (MRC) trial of patulin for common cold in 1943 (Clarke 2006)
- The Abdul Latif Jameel Poverty Action Lab
Why RCTs had so much impacts
- Identification of causal effects (power of randomized)
- External validity?
- Observing unobservables
- Data collection
- Experiments
Thoughts for evaluation
- Natural experiments
- Causal identification strategies
- Pros and cons of RCTs
Further readings
References
Clarke, Mike. 2006. “The 1944 Patulin Trial of the British Medical Research Council.” Journal of the Royal Society of Medicine 99 (9): 478–80. https://doi.org/10.1177/014107680609900923.
Tröhler, U. 2005. “Lind and Scurvy: 1747 to 1795.” Journal of the Royal Society of Medicine 98 (11): 519–22. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1276007/.