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.
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.