NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Philip J. Grossman

Department of Economics
Monash University
Mlebourne AU

E-Mail: EmailAddress: hidden: you can email any NBER-related person as first underscore last at nber dot org
Institutional Affiliation: Monash University

NBER Working Papers and Publications

February 2020A New Mechanism to Alleviate the Crises of Confidence in Science-With An Application to the Public Goods Game
with Luigi Butera, Daniel Houser, John A. List, Marie-Claire Villeval: w26801
Creation of empirical knowledge in economics has taken a dramatic turn in the past few decades. One feature of the new research landscape is the nature and extent to which scholars generate data. Today, in nearly every field the experimental approach plays an increasingly crucial role in testing theories and informing organizational decisions. Whereas there is much to appreciate about this revolution, recently a credibility crisis has taken hold across the social sciences, arguing that an important component of Fischer (1935)'s tripod has not been fully embraced: replication. Indeed, while the importance of replications is not debatable scientifically, current incentives are not sufficient to encourage replications from the individual researcher's perspective. We analyze a novel mechanism ...
 
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