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When is it OK for economists to experiment on people?

A recent study has raised ethical questions about research
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{"text":[[{"start":null,"text":"

"}],[{"start":9.31,"text":"While most economic debates are about as spicy as boiled potatoes, others generate a bit more heat. "},{"start":14.952000000000002,"text":"A recent stir fell into the second category, in response to a new study of junior academics angling for jobs in economics. "},{"start":21.869,"text":"Participants knew they were part of an experiment, but not that some would get more social media promotion from “influencers” than others. "},{"start":28.537,"text":"Economics influencers that is — Kylie Jenner does not care about your robustness checks. "}],[{"start":33.83,"text":"Cue outrage, sprinkled with some snark. "},{"start":36.821999999999996,"text":"One observer commented on the cruelty of letting “a coin toss determine who wins, and who is doomed to a career in academia”. "},{"start":43.251999999999995,"text":"More seriously, how do economists weigh up the ethics of human experiments? "}],[{"start":48.55,"text":"There are formal processes to stop research investigating whether punching people in the face causes pain. "},{"start":54.217,"text":"American academics have to submit studies involving human subjects to ethical review by Institutional Review Boards (IRBs), and often local boards when their work is on people in other countries. "},{"start":64.459,"text"