Notifications of submitted abstracts will be sent to all submitters in March 2018.
Deadline: May 23, 2018
Authors of Selected Papers must submit a full version of their paper to the AAEA submission site by May 23, 2018. Poster presenters must submit a PDF version of their poster to the AAEA submission site by May 23, 2018.
It's an urban myth that grocers place milk in the back of stores to entice shoppers into buying merchandise they otherwise didn't want. But milk's importance in the retail grocery market is no myth.
Relevance, Validity, and Analytical Fiddling
In my AAEA presidential address, “Why Should I Believe Your Applied Economics?” (in press, AJAE Feb 2018), I called for research that is both relevant and valid. The toughest question from the audience asked how to handle cases where the researcher distorts results to boost their importance. In short, does analytical fiddling mean that the goals of relevance and validity are at loggerheads?
In a world where citations drive impact and novelty drives citations, the temptation is great for a researcher to fiddle analytically until hitting upon some result that is both novel and statistically significant. Analytical fiddling may take the form of p-hacking in statistical models or of choosing biased parameters in simulation or optimization models. But analytical fiddling also serves essential, benevolent purposes. Here are four follow-up thoughts to that very important question.