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One Swallow Doesn't Make a Summer - A Note

Author

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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.

Suggested Citation

  • Mitesh Kataria, 2013. "One Swallow Doesn't Make a Summer - A Note," Jena Economics Research Papers 2013-030, Friedrich-Schiller-University Jena.
    • Handle: RePEc:jrp:jrpwrp:2013-030
    as

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    File URL: https://oweb.b67.uni-jena.de/Papers/jerp2013/wp_2013_030.pdf
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    References listed on IDEAS

    as
    1. 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 201-205, May.
    2. Zacharias Maniadis & Fabio Tufano & John A. List, 2014. "One Swallow Doesn't Make a Summer: New Evidence on Anchoring Effects," American Economic Review, American Economic Association, vol. 104(1), pages 277-290, January.
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    More about this item

    Keywords

    Bayes' theorem; Methodology;

    JEL classification:

    • C11 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Bayesian Analysis: General
    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General

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