Thursday, March 01, 2007

Replication

Hamermesh writing on replication in economics:

Economists treat replication the way teenagers treat chastity—as an ideal to be professed but not to be practiced.

The paper is quite interesting:

...Why is this? How much replication is done by economic researchers? What are the incentives/disincentives to engage in replication exercises? These are positive questions. Does our current treatment of replication lead to credible knowledge about human behavior? Does it do so in a manner that is socially optimal? These are normative questions.

[AF]

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