Showing 1 - 10 of 15
Arguments about the appropriate discount rate often start by assuming a Utilitarian social welfare function with isoelastic utility, in which the consumption discount rate is a function of the (constant) elasticity of marginal utility along with the (much discussed) utility discount rate. In...
Persistent link: https://www.econbiz.de/10010298595
two settings. The replication of the results in the two distinct settings indicates that relaxing some of the laboratory …
Persistent link: https://www.econbiz.de/10012001947
To study coordination in complex social systems such as financial markets, the authors introduce a new prediction market set -up that accounts for fundamental uncertainty. Nonetheless, the market is designed so that its total value is known, and thus its rationality can be evaluated. In two...
Persistent link: https://www.econbiz.de/10012001946
This paper explores whether a truth-telling promise can work to reduce the hypothetical bias in preference elicitation. Using an induced value experiment in China with a random nthprice auction, the author finds: 1) Hypothetical bias exists in a random nth-price auction with induced values and...
Persistent link: https://www.econbiz.de/10012015772
Replication crisis and debates about p-values have raised doubts about what we can statistically infer from research …
Persistent link: https://www.econbiz.de/10012142929
In July 2017, issued a call for papers for a special issue on "The Practice of Replication." In that call, the journal … explained that there was no generally accepted procedure for how to do a replication. Likewise, there was no generally accepted … standard for determining whether a replication "confirms" or "disconfirms" an original study. Accordingly, the journal called …
Persistent link: https://www.econbiz.de/10011964239
The authors investigate the influence of case selection and (re)coding for two vintages of a key resource for research on economic sanctions: the Peterson Institute data base reported in Hufbauer et al. (Economic Sanctions Reconsidered, 2nd edition in 1990 and 3rd edition in 2007). The Peterson...
Persistent link: https://www.econbiz.de/10010516359
Replication research is a valuable, yet often misunderstood, tool for increasing our understanding of promising … research findings. In their short paper below the authors discuss their principles for conducting replication research, explain … how they picked a candidate study for replication, describe the robustness checks they would conduct in their replication …
Persistent link: https://www.econbiz.de/10011725208
argues for more emphasis on replication that specifically assesses whether the results reported in empirical studies are … diagnostic tests of misspecification. A replication plan is briefly outlined to illustrate what this would involve in practice in …
Persistent link: https://www.econbiz.de/10011725210
researchers will spend, and (3) the intended results and the precision of the replication necessary for "success". A researcher …'s replication will be "successful" according to context-specific criteria in the preanalysis plan. The author also argues that the …
Persistent link: https://www.econbiz.de/10011725211