False Feedback in Economics: The Case for Replication

ISBN-13: 9781032033716 / Angielski / Twarda / 2021 / 148 str.

Andrin Spescha

Opis

The author asserts that the main impediment to progress in economics is “false feedback”, which is defined as a false result in an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions.

Spis treści

1. Scientific Progress 2. Trial and Error 3. Conjectures and falsification 4. The garden of forking paths 5. The Duhem-Quine thesis 6. The detection of patterns 7. The illusion of true feedback 8. False feedback bubbles 9. The tree of knowledge 10. The locality of knowledge 11. Machine learning and sample splits 12. Practical experience 13. Robustness checks 14. Replication