A Model of Scientific Communication
成果类型:
Article
署名作者:
Andrews, Isaiah; Shapiro, Jesse M.
署名单位:
Harvard University; National Bureau of Economic Research; Brown University
刊物名称:
ECONOMETRICA
ISSN/ISSBN:
0012-9682
DOI:
10.3982/ECTA18155
发表日期:
2021
页码:
2117-2142
关键词:
perspectives
inference
摘要:
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.