The “crisis in science” today is rooted in genuine problems of model uncertainty and lack of transparency. Researchers estimate a large number of models in the course of their research but only publish a small number of preferred results. Authors have much influence on the results of an empirical study through their choices about model specification. I advance methods to quantify the influence of the author—or at least demonstrate the scope an author has to choose a preferred result. Multimodel analysis, combined with modern computational power, allows authors to present their preferred estimate alongside a distribution of estimates from many other plausible models. I demonstrate the method using new software and applied empirical examples. When evaluating research results, accounting for model uncertainty and model robustness is at least as important as statistical significance.
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- Publication year
2018
- Venue
Socius
- Publication date
2018-05-10
- Fields of study
Mathematics, Economics
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Semantic Scholar
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