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A Model of Scientific Communication / Isaiah Andrews, Jesse M. Shapiro.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Andrews, Isaiah.
Contributor:
National Bureau of Economic Research.
Shapiro, Jesse M.
Series:
Working Paper Series (National Bureau of Economic Research) no. w26824.
NBER working paper series no. w26824
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2020.
Summary:
We propose a positive model of empirical science in which an analyst makes a report to an audience after observing some data. Agents in the audience may differ in their beliefs or objectives, and may therefore update or act differently following a given report. We contrast the proposed model with a classical model of statistics in which the report directly determines the payoff. We identify settings in which the predictions of the proposed model differ from those of the classical model, and seem to better match practice.
Notes:
Print version record
March 2020.

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