This paper focuses on computational reproducibility and robustness replicability of Gubler et al.'s(2022) studies which examine the effect of media messages on empathic concern, dissonance, and out-group policy attitudes. The original paper tests four hypotheses using two online experiments with...

This study pushes our understanding of research reliability by reproducing and replicating claims from 110 papers in leading economic and political science journals. The analysis involves computational reproducibility checks and robustness assessments. It reveals several patterns. First, we...

Neuroeconomics stays in the center of the ongoing naturalistic turn in economics. It portrays the individual as a complex system of decision making mechanisms and modules. This results into a conceptual tension with the standard economic notion of the unity of the actor that is a systemic...

Economics is increasingly adopting the methodological standards and procedures of the natural sciences. The paper analyzes this 'naturalistic turn' from the philosophical perspective on naturalism, and I discuss the implications for the field of finance. The theory of finance is an interesting...

When looked at individually there is little reason to think that economists lack integrity and are dishonest. Yet, when we look at academic papers written by economists we can see biases. This paper tries to reconcile these two observations by arguing that the constraints the profession sets on...

Modern economics is filled with models using simultaneous equations to explain economic behavior. One common model, the circular flow diagram, is found in many principles-level textbooks, and is offered as the basic way in which economies function. The entrepreneur, if included at all, is...

The aim of this article is to investigate the relationship between the praxeology of L. von Mises and the theory of action of Alfred Schütz. Because of the importance that Mises’ theory has had on economics it is interesting to highlight the coincidences and synergies which exist between the...

The outburst of the 2008 global economic crisis sparked a myriad of criticism on mainstream neoclassical economic theory, held responsible for not even have considered the possibility of the kind of collapse that the subprime mortgage meltdown unleashed. In this paper, it is argued that what...

In recent sociological studies of markets, especially financial markets, researchers have argued that economics is performative (MacKenzie, Callon et al.). By this they refer to the observation that theories such as the Black-Scholes formula do not simply describe reality, but contributed to the...

"Rigour versus Relevance" impliziert einen Gegensatz, der nicht existiert. Auch die übliche Gleichsetzung von Rigor mit Wissenschaft und Relevanz mit Praxis führt zu falschen Schlüssen. Stattdessen wird gezeigt, dass die Unterscheidung zwischen Rigor und Relevanz inner-halb der Wissenschaft...