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This note introduces the concept of the replication paradigm, a framework that can (and should) be followed in every replication attempt. The paradigm expands, in part, on Bruce McCullough's well-known paraphrase of Berkeley computer scientist Jon Claerbout's insight - "An applied economics...
Persistent link: https://www.econbiz.de/10011724678
Replication crisis and debates about p-values have raised doubts about what we can statistically infer from research findings, both in experimental and observational studies. With a view to the present debate on inferential errors, this paper systematizes and discusses experimental designs with...
Persistent link: https://www.econbiz.de/10012132411
Replication crisis and debates about p-values have raised doubts about what we can statistically infer from research findings, both in experimental and observational studies. With a view to the ongoing debate on inferential errors, this paper systematizes and discusses experimental designs with...
Persistent link: https://www.econbiz.de/10012169809
Theory-testing with cases is ascertaining whether the empirical evidence in a case or in a sample of cases either … supports or does not support the theory. There are two methodologies for theory-testing with cases, (a) testing in a single … case (‘theory-testing single case study'), and (b) testing in a sample of cases (‘theory-testing sample case study'). The …
Persistent link: https://www.econbiz.de/10013152295
psychology, since at least 2005. That’s because the way you do an experiment, evaluate and report it, is unbelievably important … replicate findings. Second, modern economics is here understood as modern micro-economic theory as sketched out in Kreps (2020 …
Persistent link: https://www.econbiz.de/10014031254
. This paper takes a complementary, comparative approach, examining theory development in the natural sciences. Examples show … process occurring over a long timescale. Models are typically nested within this broader theory. This could be a good model … sector raises the question, how to realise what has been omitted? Nesting models in an empirically based causal theory could …
Persistent link: https://www.econbiz.de/10011598097
In a programmatic article Alfred Eichner explained, from a Post Keynesian perspective, why neoclassical economics is not yet a science. This was some time ago and one would expect that Post Keynesianism, with a heightened awareness of scientific standards, has done much better than alternative...
Persistent link: https://www.econbiz.de/10014175275
Borrowing ideas from the medical sciences, we propose tentative guidelines for reliable causal inferences that cover aspects related to both the study itself and its fit with background knowledge. We argue that the current paradigm in economics tends to put too much emphasis on internal aspects...
Persistent link: https://www.econbiz.de/10015084317
This article is about the relationship between visions and theory. In the modern vision, the world is a collection of …
Persistent link: https://www.econbiz.de/10015188160
illustrates these concerns with a thought experiment, based on the debate in environmental economics about the appropriate … then use the insights from this thought experiment to point out some pitfalls of the modern macroeconomic methodology. …
Persistent link: https://www.econbiz.de/10010226540