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Forecasting the Results of Experiments: Piloting an Elicitation Strategy / Stefano DellaVigna, Nicholas Otis, Eva Vivalt.

NBER Working papers Available online

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Format:
Book
Author/Creator:
DellaVigna, Stefano.
Contributor:
National Bureau of Economic Research.
Otis, Nicholas.
Vivalt, Eva.
Series:
Working Paper Series (National Bureau of Economic Research) no. w26716.
NBER working paper series no. w26716
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Forecasting the Results of Experiments
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2020.
Summary:
Forecasts of experimental results can clarify the interpretation of research results, mitigate publication bias, and improve experimental designs. We collect forecasts of the results of three Registered Reports preliminarily accepted to the Journal of Development Economics, randomly varying four features: (1) small versus large reference values; (2) whether predictions are in raw units or standard deviations; (3) text-entry versus slider responses; and (4) small versus large slider bounds. Forecasts are generally robust to elicitation features, though wider slider bounds are associated with higher forecasts throughout the forecast distribution. We make preliminary recommendations on how many forecasts should be gathered.
Notes:
Print version record
January 2020.

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