Andrew Gelman:
Mark Patterson writes:
A bunch of folks are collaborating on a project to replicate 18 experimental studies published in prominent Econ journals (mostly American Economic Review, a few Quarterly Journal of Economics). This is already pretty exciting, but the really cool bit is they’re opening a market (with real money) to predict which studies will replicate. Unfortunately participation is restricted, but the market activity will be public. The market opens tomorrow, so it should be pretty exciting to watch.
There was some discussion about doing this with psychology papers, but the sense was that some people were so upset with the replication movement already that there would be backlash against the whole betting thing. I’m curious how the econ project goes.
via andrewgelman.com
Here is the link to the laboratory studies that are being re-examined: http://sciencepredictionmarkets.com/studies.html.
