this post was submitted on 10 Dec 2023
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the_dunk_tank

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[–] TheCaconym@hexbear.net 14 points 11 months ago* (last edited 11 months ago)

Don't worry, you weren't that far off:

About 40% of economics experiments fail replication survey

Also this; I quote:

Camerer et al. found that two-thirds of the 18 studies examined yielded replicable estimates of effect size and direction. This proportion is somewhat lower than unaffiliated experts were willing to bet...

In other words, ~33% failed to be replicated. Also this pearl:

Now you see it, now you don't: emerging contrary results in economics

...with several (20+) examples of two accepted papers having wildly different conclusions despite using the same dataset for the same purpose.