One Swallow Doesn't Make a Summer - A Note
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.
|Date of creation:||14 Aug 2013|
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- Zacharias Maniadis & Fabio Tufano & John A List, 2013.
"One Swallow Doesnâ€™t Make a Summer: New Evidence on Anchoring Effects,"
2013-07, The Centre for Decision Research and Experimental Economics, School of Economics, University of Nottingham.
- Maniadis, Zacharias & Tufano, Fabio & List, John, 2013. "One swallow doesnâ€™t make a summer: new evidence on anchoring effects," Discussion Paper Series In Economics And Econometrics 1314, Economics Division, School of Social Sciences, University of Southampton.
- 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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