Dimitar Bogoev dimitar.bogoev@durham.ac.uk
PGR Student Doctor of Philosophy
Non-standard errors
Bogoev, D.; Karam, A.; et al.
Authors
Dr Arze Karam arze.karam@durham.ac.uk
Associate Professor
et al.
Abstract
In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in estimates of population parameters. In science, evidence is generated to test hypotheses in an evidence generating process (EGP). We claim that EGP variation across researchers adds uncertainty: Non-standard errors (NSEs). We study NSEs by letting 164 teams test the same hypotheses on the same data. NSEs turn out to be sizable, but smaller for better reproducible or higher rated research. Adding peer-review stages reduces NSEs. We further find that this type of uncertainty is underestimated by participants.
Citation
Bogoev, D., Karam, A., & et al. (in press). Non-standard errors. Journal of Finance,
Journal Article Type | Article |
---|---|
Acceptance Date | Feb 14, 2023 |
Deposit Date | Aug 17, 2023 |
Journal | Journal of Finance |
Print ISSN | 0022-1082 |
Electronic ISSN | 1540-6261 |
Publisher | Wiley |
Peer Reviewed | Peer Reviewed |
Public URL | https://durham-repository.worktribe.com/output/1720574 |
Publisher URL | https://onlinelibrary.wiley.com/journal/15406261 |
This file is under embargo due to copyright reasons.
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