• Media type: E-Book
  • Title: Non-standard errors
  • Contributor: Menkveld, Albert J. [Author]
  • Published: Munich, Germany: CESifo, Center for Economic Studies & Ifo Institute, November 2021
  • Published in: CESifo GmbH: CESifo working papers ; 9453
  • Extent: 1 Online-Ressource (circa 58 Seiten); Illustrationen
  • Language: English
  • Identifier:
  • Keywords: Statistischer Fehler ; Streuungsmaß ; Wissenschaftler ; Wissenschaftliche Methode ; Theorie ; non-standard errors ; multi-analyst approach ; liquidity ; Graue Literatur
  • Origination:
  • Footnote: Die Veröffentlichung enthält circa 250 Verfasser
  • Description: In statistics, samples are drawn from a population in a data-generating process (DGP). Standard errors measure the uncertainty in sample 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. To study them, we let 164 teams test six hypotheses on the same sample. We find that non-standard errors are sizeable, on par with standard errors. Their size (i) co-varies only weakly with team merits, reproducibility, or peer rating, (ii) declines significantly after peer-feedback, and (iii) is underestimated by participants.
  • Access State: Open Access