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Archive of posts filed under the Economics category.

“Your Paper Makes SSRN Top Ten List”

I received the following email from the Social Science Research Network, which is a (legitimate) preprint server for research papers: Dear Andrew Gelman: Your paper, “WHY HIGH-ORDER POLYNOMIALS SHOULD NOT BE USED IN REGRESSION DISCONTINUITY DESIGNS”, was recently listed on SSRN’s Top Ten download list for: PSN: Econometrics, Polimetrics, & Statistics (Topic) and Political Methods: […]

Hoe noem je?

Haynes Goddard writes: Reviewing my notes and books on categorical data analysis, the term “nominal” is widely employed to refer to variables without any natural ordering. I was a language major in UG school and knew that the etymology of nominal is the Latin word nomen (from the Online Etymological Dictionary: early 15c., “pertaining to […]

Prediction Market Project for the Reproducibility of Psychological Science

Anna Dreber Almenberg writes: The second prediction market project for the reproducibility project will soon be up and running – please participate! There will be around 25 prediction markets, each representing a particular study that is currently being replicated. Each study (and thus market) can be summarized by a key hypothesis that is being tested, which […]

The Fault in Our Stars: It’s even worse than they say

In our recent discussion of publication bias, a commenter link to a recent paper, “Star Wars: The Empirics Strike Back,” by Abel Brodeur, Mathias Le, Marc Sangnier, Yanos Zylberberg, who point to the notorious overrepresentation in scientific publications of p-values that are just below 0.05 (that is, just barely statistically significant at the conventional level) […]

Rational != Self-interested

I’ve said it before (along with Aaron Edlin and Noah Kaplan) and I’ll say it again. Rationality and self-interest are two dimensions of behavior. An action can be: 1. Rational and self-interested 2. Irrational and self-interested 3. Rational and altruistic 4. Irrational and altruistic. It’s easy enough to come up with examples of all of […]

“How to disrupt the multi-billion dollar survey research industry”

David Rothschild (coauthor of the Xbox study, the Mythical Swing Voter paper, and of course the notorious Aapor note) will be speaking Friday 10 Oct in the Economics and Big Data meetup in NYC. His title: “How to disrupt the multi-billion dollar survey research industry: information aggregation using non-representative polling data.” Should be fun! P.P.S. […]

Estimating discontinuity in slope of a response function

Peter Ganong sends me a new paper (coauthored with Simon Jager) on the “regression kink design.” Ganong writes: The method is a close cousin of regression discontinuity and has gotten a lot of traction recently among economists, with over 20 papers in the past few years, though less among statisticians. We propose a simple placebo […]

What does CNN have in common with Carmen Reinhart, Kenneth Rogoff, and Richard Tol: They all made foolish, embarrassing errors that would never have happened had they been using R Markdown

Rachel Cunliffe shares this delight: Had the CNN team used an integrated statistical analysis and display system such as R Markdown, nobody would’ve needed to type in the numbers by hand, and the above embarrassment never would’ve occurred. And CNN should be embarrassed about this: it’s much worse than a simple typo, as it indicates […]

Palko’s on a roll

I just wanted to interrupt our scheduled stream of posts to link to a bunch of recent material from Mark Palko: At least we can all agree that ad hominem and overly general attacks are bad: A savvy critique of the way in which opposition of any sort can be dismissed as “ad hominem” attacks. […]

More bad news for the buggy-whip manufacturers

In a news article regarding difficulties in using panel surveys to measure the unemployment rate, David Leonhardt writes: The main factor is technology. It’s a major cause of today’s response-rate problems – but it’s also the solution. For decades, survey research has revolved around the telephone, and it’s worked very well. But Americans’ relationship with […]