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Philosophers and economists can agree on the intergenerational discount rate and climate policy paths
Nesje, Frikk; Drupp, Moritz A.; Freeman, Mark C.; … - 2022
The estimated values to society from long-term public projects, including climate change mitigation and infrastructure construction, are highly sensitive to the social discount rate (SDR) employed. Governmental guidance on social discounting has predominantly been based on input from expert...
Persistent link: https://www.econbiz.de/10013365181
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"The way in which an experiment is conducted is unbelievably Important" : on the experimentation practices of economists and psychologists
Ortmann, Andreas - 2009
To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are - arguably more often than not - sensitive to numerous design and implementation characteristics such as the use...
Persistent link: https://www.econbiz.de/10003923272
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On the generalizability of experimental results in economics : with a response to commentors
Al-Ubaydli, Omar; List, John A. - 2013
study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …
Persistent link: https://www.econbiz.de/10010223362
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How "Chicagoan" are Gary Becker's economic models of marriage?
Grossbard-Shechtman, Shoshana - 2009
models. At the market level, Becker offers two major types of models: partial equilibrium models based on Price Theory as … possible intellectual influences on Becker's theory of marriage, compares Becker's research on marriage with that of some …
Persistent link: https://www.econbiz.de/10003850161
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A ranking method based on handicaps
Demange, Gabrielle - 2014
Ranking methods are fundamental tools in many areas. Popular methods aggregate the statements of 'experts' in different ways. As such, there are various reasonable ranking methods, each one of them more or less adapted to the environment under consideration. This paper introduces a new method,...
Persistent link: https://www.econbiz.de/10010246005
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Non-standard errors
Menkveld, Albert J. - 2021
In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in sample estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence-generating process (EGP). We claim that EGP variation...
Persistent link: https://www.econbiz.de/10012696895
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On credibility and causality in economics : a critical appraisal
Bergh, Andreas; Wichardt, Philipp C. - 2024 - This version: July 9, 2024
Establishing causal relationships is a core aspect of empirical economics. Borrowing ideas from the medical sciences … its fit with the existing background knowledge. Moreover, we argue that the current paradigm in economics (often connected … illustrate and substantiate this view, we discuss various excellent studies from different fields of economics, which all express …
Persistent link: https://www.econbiz.de/10014632289
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Reactivity in economic science
Frey, Bruno S. - 2017
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
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Contract enforcement and institutions among the Maghribi traders : refuting Edwards and Ogilvie
Greif, Avner (contributor) - 2008
Edwards and Ogilvie (2008) dispute the empirical basis for the view (Greif, e.g., 1989, 1994, 2006) that multilateral reputation mechanism mitigated agency problems among the eleventh-century Maghribi traders. They assert that the relations among merchants and agents were law-based. This paper...
Persistent link: https://www.econbiz.de/10003730316
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Contract enforcement, institutions and social capital : the Maghribi traders reappraised
Edwards, Jeremy S. S. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003662786