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To replicate or not to replicate?: exploring reproducibility in economics through the lens of a model and a pilot study

Maniadis, Zacharias; Tufano, Fabio; List, John A.

Authors

Zacharias Maniadis

Fabio Tufano

John A. List



Abstract

The sciences are in an era of an alleged ‘credibility crisis’. In this study, we discuss the reproducibility of empirical results, focusing on economics research. By combining theory and empirical evidence, we discuss the import of replication studies, and whether they improve our confidence in novel findings. The theory sheds light on the importance of replications, even when replications are subject to bias. We then present a pilot meta-study of replication in experimental economics, a subfield serving as a positive benchmark for investigating the credibility of economics. Our meta-study highlights certain difficulties when applying meta-research to systematise the economics literature.

Citation

Maniadis, Z., Tufano, F., & List, J. A. (in press). To replicate or not to replicate?: exploring reproducibility in economics through the lens of a model and a pilot study. Economic Journal, 127, Article F209-F235. https://doi.org/10.1111/ecoj.12527

Journal Article Type Article
Acceptance Date Mar 9, 2017
Online Publication Date Oct 24, 2017
Deposit Date May 30, 2017
Publicly Available Date Mar 29, 2024
Journal Economic Journal
Print ISSN 0013-0133
Electronic ISSN 1468-0297
Publisher Wiley
Peer Reviewed Peer Reviewed
Volume 127
Article Number F209-F235
DOI https://doi.org/10.1111/ecoj.12527
Public URL https://nottingham-repository.worktribe.com/output/889509
Publisher URL http://onlinelibrary.wiley.com/doi/10.1111/ecoj.12527/full
Additional Information This is the peer reviewed version of the following article: Maniadis, Z., Tufano, F. and List, J. A. (2017), To Replicate or Not To Replicate? Exploring Reproducibility in Economics through the Lens of a Model and a Pilot Study. Econ J, 127: F209–F235. doi:10.1111/ecoj.12527 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecoj.12527/full This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving.

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