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One Swallow Doesn't Make a Summer - A Note

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  • Mitesh Kataria

    ()
    (Max Planck Institute of Economics, Strategic Interaction Group,Jena)

Abstract

Maniadis et al. (2013) present a theoretical framework that aims at providing insights into the mechanics of proper inference. They suggest that a decision about whether to call an experimental finding noteworthy, or deserving of great attention, should be based on the calculated post-study probability. Although I in large agree with most points in Maniadis et al. (2013), this note raises some important caveats.

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File URL: http://pubdb.wiwi.uni-jena.de/pdf/wp_2013_030.pdf
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Bibliographic Info

Paper provided by Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics in its series Jena Economic Research Papers with number 2013-030.

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Date of creation: 14 Aug 2013
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Handle: RePEc:jrp:jrpwrp:2013-030

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Keywords: Bayes' theorem; Methodology;

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  1. Zacharias Maniadis & Fabio Tufano & John A List, 2013. "One Swallow Doesn’t Make a Summer: New Evidence on Anchoring Effects," Discussion Papers 2013-07, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
  2. McCloskey, Donald N, 1985. "The Loss Function Has Been Mislaid: The Rhetoric of Significance Tests," American Economic Review, American Economic Association, vol. 75(2), pages 201-05, May.
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