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

Maniadis, Zacharias and Tufano, Fabio and List, John A. (2017) To replicate or not to replicate?: exploring reproducibility in economics through the lens of a model and a pilot study. Economic Journal, 127 . F209-F235. ISSN 1468-0297

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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.

Item Type: Article
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.
Schools/Departments: University of Nottingham, UK > Faculty of Social Sciences > School of Economics
Identification Number: 10.1111/ecoj.12527
Depositing User: Eprints, Support
Date Deposited: 30 May 2017 10:56
Last Modified: 04 Nov 2017 11:13
URI: http://eprints.nottingham.ac.uk/id/eprint/43275

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