We provide a model of television advertising based on an explicit characterization of an advertisement's contribution to an advertiser's profits that suggests that each program faces a downward sloping demand for its ad time. Hence Fournier and Martin's (1983) "law of one price" does not hold in...

All the long-standing archives at economics journals do not facilitate the reproduction of published results. The data-only archives at Journal of Business and Economic Statistics and Economic Journal fail in part because most authors do not contribute data. Results published in the FRB St....

This essay examines the role of data and program-code archives in making economic research "replicable." Throughout science, replication of published results is recognized as an essential part of the scientific method. Yet, historically, both the "demand for" and "supply of" replicable results...

In 2011, the Annual Report of the Editor of the American Economic Review reported that the journal's data-code archive was functioning well, and no changes were made to the archive rules. This was based on an audit of the archive that the Editor had commissioned. In point of fact, all was not...

In 2011, the Annual Report of the Editor of the American Economic Review reported that the journal’s data-code archive was functioning well, and no changes were made to the archive rules. This was based on an audit of the archive that the Editor had commissioned. In point of fact, all was not...

"Business statistics is the science of good decision-making in the face of uncertainty and is used in many disciplines such as financial analysis, econometrics, auditing, production and operations including services improvement and marketing research"--

In 2011, the Annual Report of the Editor of the American Economic Review reported that the journal's data-code archive was functioning well, and made no changes in the archive rules. This was based on an audit of the archive that the editor has commissioned. The audit was performed by a graduate...

It has been claimed that students whose first or last name begins with the letters A or B have higher grade point averages than students whose first or last name begins with the letters C or D. This “result” was achieved by a naive and incoherent application of statistical methods. We...

In a paper published in the Journal of Money, Credit and Banking, McGeary, Harrison, and I showed that the JMCB’s data+code archive of generally did not support the replication of the journal’s published results. We recommended several procedures for ensuring that the archived data...