This is a presentation by answering this question from the article that I have uploaded.a. According to their paper, why and how might people’s behaviour in real life vary from what has been observed in laboratory experiments?Reference Steven D. Levitt, and John A. List. 2007. ‘What Do Laboratory Experiments Measuring Social Preferences Reveal About the Real World?’ Journal of Economic Perspectives 21 (2): pp. 153–174.