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Experimenting with Measurement Error: Techniques with Applications to the Caltech Cohort Study / Ben Gillen, Erik Snowberg, Leeat Yariv.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Gillen, Ben.
Contributor:
National Bureau of Economic Research.
Snowberg, Erik.
Yariv, Leeat.
Series:
Working Paper Series (National Bureau of Economic Research) no. w21517.
NBER working paper series no. w21517
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Experimenting with Measurement Error
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2015.
Summary:
Measurement error is ubiquitous in experimental work. It leads to imperfect statistical controls, attenuated estimated effects of elicited behaviors, and biased correlations between characteristics. We develop simple statistical techniques for dealing with experimental measurement error. These techniques are applied to data from the Caltech Cohort Study, which conducts repeated incentivized surveys of the Caltech student body. We illustrate the impact of measurement error by replicating three classic experiments, and showing that results change substantially when measurement error is taken into account. Collectively, these results show that failing to properly account for measurement error may cause a field-wide bias: it may lead scholars to identify "new" effects and phenomena that are actually similar to those previously documented.
Notes:
Print version record
September 2015.

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