Arbeitspapier

Non-Standard Errors

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.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2021:17

Classification
Wirtschaft
History of Economic Thought since 1925: Financial Economics
Subject
Non-standard
errors

Event
Geistige Schöpfung
(who)
Vilhelmsson, Anders
Event
Veröffentlichung
(who)
Lund University, School of Economics and Management, Department of Economics
(where)
Lund
(when)
2021

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Vilhelmsson, Anders
  • Lund University, School of Economics and Management, Department of Economics

Time of origin

  • 2021

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