Re:About 40% of economics experiments fail replication surve...
by village-idiot on Monday September 17, 2018 @08:33AM
(#18005287)
A lot of resources are poured into science and what science recommends (sometimes). Given the stakes, I’d prefer a track record that’s more than slightly better than flipping a coin.
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Re:About 40% of economics experiments fail replication surve...
by forapurpose on Monday September 17, 2018 @01:33PM
(#18008009)
> I’d prefer a track record that’s more than slightly better ...
So would I, but do you know of a better alternative? What if this is the best option we have for now?
> slightly better than flipping a coin
Also, to be clear, that doesn't accurately depict the results of the replication study. Almost every replication produced the same effects as the original experiment; in about half the replications, the effects were weaker. It's not that half the experiments were wrong; they were less conclusive.
Re:About 40% of economics experiments fail replication surve...
by village-idiot on Tuesday September 18, 2018 @01:46AM
(#18012773)
Ah, that is better at least.