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Non-Standard Errors

Albert Menkveld, Anna Dreber, Felix Holzmeister, Juergen Huber, Magnus Johannesson, Michael Kirchler, Sebastian Neusüss, Michael Razen, Utz Weitzel, David Abad-Díaz, Menachem Abudy, Tobias Adrian, Yacine Ait-Sahalia, Olivier Akmansoy, Jamie T. Alcock, Vitali Alexeev, Arash Aloosh, Livia Amato, Diego Amaya, James J. Angel, Alejandro T. Avetikian, Amadeus Bach, Edwin Baidoo, Gaetan Bakalli, Li Bao, Andrea Barbon, Oksana Bashchenko, Parampreet C. Bindra, Geir H. Bjønnes, Jeffrey R. Black, Bernard S. Black, Dimitar Bogoev, Santiago Bohorquez Correa, Oleg Bondarenko, Charles Bos (), Ciril Bosch-Rosa, Elie Bouri (), Christian Brownlees, Anna Calamia, Viet Nga Cao, Gunther Capelle-Blancard, Laura M. Capera Romero, Massimiliano Caporin, Allen Carrion, Tolga Caskurlu, Bidisha Chakrabarty, Jian Chen, Mikhail Chernov, William Cheung, Ludwig B. 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Lam, Marie Lambert, Hugues Langlois, Jens Lausen, Tobias Lauter, Markus Leippold, Vladimir Levin, Yijie Li, Hui Li, Chee Liew, Thomas Lindner, Oliver Linton (), Jiacheng Liu, Anqi Liu, Guillermo Llorente, Matthijs Lof, Ariel Lohr, Francis Longstaff, Alejandro Lopez-Lira, Shawn Mankad, Nicola Mano, Alexis Marchal, Charles Martineau, Francesco Mazzola, Debrah Meloso, Michael G. Mi, Roxana Mihet, Vijay Mohan, Sophie Moinas, David Moore, Liangyi Mu, Dmitriy Muravyev, Dermot Murphy, Gabor Neszveda, Christian Neumeier, Ulf Nielsson, Mahendrarajah Nimalendran, Sven Nolte, Lars L. Norden, Peter W. O'Neill, Khaled Obaid, Bernt A. Ødegaard, Per Östberg, Emiliano Pagnotta, Marcus Painter, Stefan Palan, Imon J. Palit, Andreas Park, Roberto Pascual, Paolo Pasquariello, Lubos Pastor, Vinay Patel (), Andrew Patton, Neil D. Pearson, Loriana Pelizzon (), Michele Pelli, Matthias Pelster, Christophe Pérignon, Cameron Pfiffer, Richard Philip, Tomáš Plíhal, Puneet Prakash, Oliver-Alexander Press, Tina Prodromou, Marcel Prokopczuk (), Talis Putnins, Ya Qian, Gaurav Raizada, David Rakowski (), Angelo Ranaldo, Luca Regis (), Stefan Reitz, Thomas Renault, Rex W. Renjie, Roberto Reno, Steven J. Riddiough, Kalle Rinne, Paul J. Rintamäki, Ryan Riordan, Thomas Rittmannsberger, Iñaki Rodríguez Longarela, Dominik Roesch, Lavinia Rognone, Brian Roseman, Ioanid Rosu, Saurabh Roy, Nicolas Rudolf, Stephen R. Rush, Khaladdin Rzayev, Aleksandra A. Rzeźnik, Anthony Sanford, Harikumar Sankaran, Asani Sarkar, Lucio Sarno, Olivier Scaillet, Stefan Scharnowski, Klaus R. Schenk-Hoppé, Andrea Schertler, Michael Schneider, Florian Schroeder, Norman Schürhoff, Philipp Schuster, Marco Schwarz, Mark S. Seasholes, Norman J. 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Yueshen, Darya Yuferova, Marcin Zamojski, Abalfazl Zareei, Stefan M. Zeisberger, Lu Zhang, S. Sarah Zhang, Xiaoyu Zhang, Lu Zhao, Zhuo Zhong, Zeyang (Ivy) Zhou, Chen Zhou (), Xingyu S. Zhu, Marius Zoican and Remco Zwinkels
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Juergen Huber: University of Innsbruck
Michael Kirchler: University of Innsbruck
Michael Razen: University of Innsbruck
Utz Weitzel: Vrije Universiteit Amsterdam
David Abad-Díaz: University of Alicante
Olivier Akmansoy: CNRS
Jamie T. Alcock: University of Oxford
Arash Aloosh: Neoma Business School
Livia Amato: University of Chicago Booth School of Business
Diego Amaya: Wilfrid Laurier University
James J. Angel: Georgetown University
Alejandro T. Avetikian: Pontificia Universidad Católica de Chile
Amadeus Bach: University of Mannheim
Edwin Baidoo: Tennessee Technological University
Gaetan Bakalli: Auburn University
Li Bao: Toulouse 1 Capitole University
Andrea Barbon: University of St. Gallen
Oksana Bashchenko: SFI at University of Lausanne
Parampreet C. Bindra: University of Innsbruck
Geir H. Bjønnes: BI Norwegian Business School
Jeffrey R. Black: University of Memphis
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Oleg Bondarenko: University of Illinois at Chicago
Ciril Bosch-Rosa: Technische Universität Berlin
Anna Calamia: TBS Education
Viet Nga Cao: Monash University
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Allen Carrion: University of Memphis
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William Cheung: Waseda University
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Fany Declerck: Toulouse 1 Capitole University
Christophe Desagre: UCLouvain
Mathijs A. van Dijk: Erasmus University Rotterdam
Chukwuma Dim: Frankfurt School of Finance and Management
Yun Jiang Dong: Queen's University
Philip A. Drummond: Monash University
Tom Dudda: Technische Universität Dresden
Teodor Duevski: HEC Paris
Teodor Dyakov: EDHEC Business School
Anne Haubo Dyhrberg: University of Sydney
Michał Dzieliński: Stockholm University
Asli Eksi: Salisbury University
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Servanna M. Fu: University of Essex
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Roland Gemayel: King's College London
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Lawrence R. Glosten: Columbia University
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Julien Hambuckers: HEC Liège - University of Liège
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Simon Hartmann: Vienna University of Economics and Business
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Terrence Hendershott: UC Berkeley
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Craig W. Holden: Indiana University
Da Huang: University of Utah
Alexey Ivashchenko: Vrije Universiteit Amsterdam
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Petri Jylhä: Aalto University
Andreas T. Kaeck: University of Sussex
Gabriel Kaiser: University of Luxembourg
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Tony Klein: Queen's University Belfast
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Imon J. Palit: RMIT University
Neil D. Pearson: University of Illinois at Urbana-Champaign
Michele Pelli: SFI at University of Zurich
Matthias Pelster: Paderborn University
Christophe Pérignon: HEC Paris
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Oliver-Alexander Press: Copenhagen Business School
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Gaurav Raizada: IIM Ahmedabad
Rex W. Renjie: Vrije Universiteit Amsterdam
Roberto Reno: University of Verona
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Wolf Wagner: Erasmus University Rotterdam
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Zhen-Xing Wu: Zhongnan University of Economics and Law
Ke Xu: University of Victoria
Caihong Xu: Stockholm University
Pradeep K. Yadav: University of Oklahoma
José Yagüe: University of Murcia
Cheng Yan: University of Essex
Antti Yang: Erasmus University Rotterdam
Woongsun Yoo: Central Michigan University
Wenjia Yu: Aalto University
Yihe Yu: University at Buffalo
Shihao Yu: Vrije Universiteit Amsterdam
Bart Z. Yueshen: INSEAD
Darya Yuferova: Norwegian School of Economics (NHH)
Marcin Zamojski: University of Gothenburg
Abalfazl Zareei: Stockholm University
Stefan M. Zeisberger: Radboud University
Lu Zhang: University of Luxembourg
Xiaoyu Zhang: Vrije Universiteit Amsterdam
Lu Zhao: Southwestern University of Finance and Economics
Zhuo Zhong: University of Melbourne
Zeyang (Ivy) Zhou: University of Wollongong
Xingyu S. Zhu: Stockholm School of Economics
Marius Zoican: University of Toronto Mississauga
Remco Zwinkels: Vrije Universiteit Amsterdam

Authors registered in the RePEc Author Service: Norman Schuerhoff, Michael Frömmel, Bernt Arne Ødegaard, Paul Söderlind, Klaus Reiner Schenk-Hoppé, Anders Wilhelmsson (), Sascha Christian Füllbrunn and Geir Høidal Bjønnes

No 2021-11, Working Paper Series, Social and Economic Sciences from Faculty of Social and Economic Sciences, Karl-Franzens-University Graz

Abstract: 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.

Pages: 58 pages
Date: 2021-11-23
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Nonstandard errors (2024) Downloads
Working Paper: Non-Standard Errors (2023)
Working Paper: Non-Standard Errors* (2023) Downloads
Working Paper: Non-Standard Errors (2023) Downloads
Working Paper: Non-Standard Errors (2022) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-standard errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-Standard Errors (2021) Downloads
Working Paper: Non-standard errors (2021) Downloads
Working Paper: Non-standard errors (2021) Downloads
Working Paper: Non-standard errors (2021) Downloads
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