But Not as Good as Psychologists?
The website FiveThirtyEight has a thoughtful post reflecting on the recent study in psychology in which 100 experimental studies were replicated . At least two points are worth highlighting. First, despite the concern about p-hacking, it turns out that one of the best predictors of replicability in that study was p-level. So while 5 percent may be too generous, there is valuable information in the p-value. The second point is that psychology is confronting its replication demons straight on. Economics? Hmmm. To read more, click here.
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On this note, you might also want to check the Guardian article reporting on this particular study: http://www.theguardian.com/science/2015/aug/27/study-delivers-bleak-verdict-on-validity-of-psychology-experiment-results
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