IDEAS home Printed from https://ideas.repec.org/a/bla/jecrev/v69y2018i1p4-25.html
   My bibliography  Save this article

Replicability of Experimental Data and Credibility of Economic Theory

Author

Listed:
  • Michihiro Kandori

Abstract

Finding a data set that supports a theory is not enough for the theory to gain credibility. Credibility of a theory is established only after the initial supporting finding can be replicated by a number of follow†up studies. Economics so far has paid little attention to replicability, presumably because the profession has been overly pessimistic about obtaining a high degree of replicability of non†trivial theoretical predictions. By using a large data set I have collected that involves more than 4,000 subjects, I show that there is hope for economic theory to gain credibility by means of replications of laboratory data.

Suggested Citation

  • Michihiro Kandori, 2018. "Replicability of Experimental Data and Credibility of Economic Theory," The Japanese Economic Review, Japanese Economic Association, vol. 69(1), pages 4-25, March.
    • Handle: RePEc:bla:jecrev:v:69:y:2018:i:1:p:4-25
    DOI: 10.1111/jere.12175
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/jere.12175
    Download Restriction: no
    File URL: https://libkey.io/10.1111/jere.12175?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:jecrev:v:69:y:2018:i:1:p:4-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/jeaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.