The Economics of Computational Reproducibility

Christophe Hurlin, Jean-Edouard Colliard and Christophe Pérignon
Additional contact information
Christophe Pérignon: HEC Paris - Ecole des Hautes Etudes Commerciales

Working Papers from HAL

Abstract: We investigate why economics displays a relatively low level of computational reproducibility. We first study the benefits and costs of reproducibility for readers, authors, and academic journals. Second, we show that the equilibrium level of reproducibility may be suboptimally low due to three market failures: a competitive bottleneck effect due to the competition among journals to attract authors, the public good dimension of reproducibility, and the positive externalities of reproducibility outside academia. Third, we discuss different policies to address these market failures and move out of a low reproducibility equilibrium. In particular, we show that coordination among journals could reduce by half the cost of verifying the reproducibility of accepted papers.

Keywords: research reproducibility; trust in science; peer-review process; confidential data (search for similar items in EconPapers)
Date: 2024-04-29
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: The Economics of Computational Reproducibility (2024)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-04759240

DOI: 10.2139/ssrn.4811513

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().