A Model of Scientific Communication

Isaiah Andrews and Jesse Shapiro

No 26824, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: 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.

JEL-codes: C18 (search for similar items in EconPapers)
Date: 2020-03
New Economics Papers: this item is included in nep-mic and nep-ore
Note: TWP
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Citations: View citations in EconPapers (2)

Published as Isaiah Andrews & Jesse M. Shapiro, 2021. "A Model of Scientific Communication," Econometrica, Econometric Society, vol. 89(5), pages 2117-2142, September.

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Journal Article: A Model of Scientific Communication (2021)
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