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Experiments run within economics labs such as LExEL are designed to have low ethical risk, to maintain participants’ anonymity, to eschew intrusive questioning of personal details, and to be free of all forms of deception.

The method employed by experimental economics to ensure that participants are not consciously or subconsciously manipulating their responses is to apply financial incentives.

A registered participant in a LExEL lab session receives £3 for showing up on time to the session. Although it is conceivable that a LExEL lab session could be employed for soliciting responses to survey questions, economics experiments will invariably include payment in accordance with performance. The magnitude of the expected session earnings and the general nature of the experimental task(s) are made known to potential participants in advance.