Статья

Evaluating replicability of laboratory experiments in economics

Colin F. CamererDivision of Humanities and Social Sciences, California Institute of Technology, 1200 East California Boulevard, MC 228-77, Pasadena, CA 91125, USAAnna DreberDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenEskil ForsellDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenTeck‐Hua HoHaas School of Business, University of California–Berkeley, Berkeley, CA 94720-1900, USAJürgen HuberDepartment of Banking and Finance, University of Innsbruck, Universitätsstrasse 15, 6020 Innsbruck, AustriaMagnus JohannessonDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenMichael KirchlerCentre for Finance, Department of Economics, University of Göteborg, SE-40530 Göteborg, SwedenJohan AlmenbergSveriges Riksbank, SE-103 37 Stockholm, SwedenAdam AltmejdDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenTaizan ChanOffice of the Deputy President (Research and Technology), National University of Singapore, Singapore 119077Emma HeikenstenDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenFelix HolzmeisterDepartment of Banking and Finance, University of Innsbruck, Universitätsstrasse 15, 6020 Innsbruck, AustriaTaisuke ImaiDivision of Humanities and Social Sciences, California Institute of Technology, 1200 East California Boulevard, MC 228-77, Pasadena, CA 91125, USASiri IsakssonDepartment of Economics, Stockholm School of Economics, Box 6501, SE-113 83 Stockholm, SwedenGideon NaveDivision of Humanities and Social Sciences, California Institute of Technology, 1200 East California Boulevard, MC 228-77, Pasadena, CA 91125, USAThomas PfeifferNew Zealand Institute for Advanced Study, Private Bag 102904, North Shore Mail Centre, Auckland 0745, New ZealandMichael RazenDepartment of Banking and Finance, University of Innsbruck, Universitätsstrasse 15, 6020 Innsbruck, AustriaHang WuNUS Business School, National University of Singapore, Singapore 119245

2016en

ABI

Аннотация

The replicability of some scientific findings has recently been called into question. To contribute data about replicability in economics, we replicated 18 studies published in the American Economic Review and the Quarterly Journal of Economics between 2011 and 2014. All of these replications followed predefined analysis plans that were made publicly available beforehand, and they all have a statistical power of at least 90% to detect the original effect size at the 5% significance level. We found a significant effect in the same direction as in the original study for 11 replications (61%); on average, the replicated effect size is 66% of the original. The replicability rate varies between 67% and 78% for four additional replicability indicators, including a prediction market measure of peer beliefs.

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Идентификаторы

DOI: 10.1126/science.aaf0918

Цитирования и источники

Цитирований: 2Использованных источников: 0

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