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RCTs have the disadvantage of requiring too many things to be held constant and can miss longer-term adjustment benefits.
Drawn from what Tyler Cowen said
What Tyler Cowen actually said
Word for word, with the source under each one. They did not write this page.
Economist at George Mason University
RCTs somehow have the odd disadvantage of requiring too many things to be held constant, and so they can miss the benefits of longer-term adjustments.
Where this was said
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