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Evaluating replicab...
Evaluating replicability of laboratory experiments in economics
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- Camerer, C. F. (author)
- California Institute of Technology
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- Dreber Almenberg, Anna (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Forsell, E. (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Ho, T. H. (author)
- University of California (US)
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- Huber, J. (author)
- National University of Singapore
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- Johannesson, Magnus (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Kirchler, Michael, 1977 (author)
- Gothenburg University,Göteborgs universitet,Centrum för finans,Institutionen för nationalekonomi med statistik,Centre for Finance,Department of Economics,University of Innsbruck (AT)
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- Almenberg, J. (author)
- The Riksbank (SE)
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- Altmejd, Adam (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Chan, T. Z. (author)
- National University of Singapore
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- Heikensten, E. (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Holzmeister, F. (author)
- University of Innsbruck
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- Imai, T. (author)
- California Institute of Technology
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- Isaksson, S. (author)
- Stockholm School of Economics,Handelshögskolan i Stockholm
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- Nave, G. (author)
- California Institute of Technology
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- Pfeiffer, T. (author)
- Massey University (NZ)
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- Razen, M. (author)
- University of Innsbruck (AT)
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- Wu, H. (author)
- National University of Singapore
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(creator_code:org_t)
- American Association for the Advancement of Science (AAAS), 2016
- 2016
- English.
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In: Science. - : American Association for the Advancement of Science (AAAS). - 0036-8075 .- 1095-9203. ; 351:6280, s. 1433-1436
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Abstract
Subject headings
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- The replicability of some scientific findings has recently been called into question. To contribute data about replicability in economics, we replicated 18 studies published in the American Economic Review and the Quarterly Journal of Economics between 2011 and 2014. All of these replications followed predefined analysis plans that weremade publicly available beforehand, and they all have a statistical power of at least 90% to detect the original effect size at the 5% significance level. We found a significant effect in the same direction as in the original study for 11 replications (61%); on average, the replicated effect size is 66% of the original. The replicability rate varies between 67% and 78% for four additional replicability indicators, including a prediction market measure of peer beliefs.
Subject headings
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business (hsv//eng)
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Keyword
- prediction markets
- replication
- reproducibility
- competition
- selection
- exchange
- policy
- cancer
- false
- power
Publication and Content Type
- ref (subject category)
- art (subject category)
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Science
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- By the author/editor
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Camerer, C. F.
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Dreber Almenberg ...
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Forsell, E.
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Ho, T. H.
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Huber, J.
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Johannesson, Mag ...
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show more...
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Kirchler, Michae ...
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Almenberg, J.
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Altmejd, Adam
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Chan, T. Z.
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Heikensten, E.
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Holzmeister, F.
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Imai, T.
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Isaksson, S.
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Nave, G.
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Pfeiffer, T.
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Razen, M.
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Wu, H.
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show less...
- About the subject
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- SOCIAL SCIENCES
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SOCIAL SCIENCES
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and Economics and Bu ...
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- SOCIAL SCIENCES
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SOCIAL SCIENCES
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and Economics and Bu ...
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and Economics
- Articles in the publication
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Science
- By the university
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University of Gothenburg
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Stockholm School of Economics