Archives


Experts Are Not Know-It-Alls (Experimentally Speaking)

[From the paper “Stability of experimental results: Forecasts and evidence” by Stefano DellaVigna and Devin Pope, an NBER Working Paper] “How robust are experimental results to changes in design? And can researchers anticipate which changes matter most? We consider a…

Read More

How Well Do Anomalies in Finance and Accounting Replicate?

[From the abstract of a recent NBER working paper by Kewei Hou, Chen Xue, and Lu Zhang entitled “Replicating Anomalies”] “The anomalies literature is infested with widespread p-hacking. We replicate the entire anomalies literature in finance and accounting by compiling a…

Read More