EDaWaX receives two more years of funding!

Posted: June 25th, 2014 | Author: | Filed under: EDaWaX, Projects | Tags: , , | 1 Comment »

300_jes_mugley_flick_com_lemur success kidWe are very happy to announce that our research funding organisation, the German Research Foundation (DFG), has granted another two years of funding for our project.

In their final report, based on the good results of the project’s first funding phase, the reviewers concluded that EDaWaX’s planning for expanding the pilot application and for undertaking a detailed analysis of journals in business studies should be supported with “high”, respectively “highest priority.” Read the rest of this entry »


Goettingen University: Project fosters Replication in Economics

Posted: June 3rd, 2014 | Author: | Filed under: Projects | Tags: , | 1 Comment »

300_med_miracleThere are many good reasons why we should replicate scientific findings. In his article “Open Access Economics Journals and the Market for Reproducible Economic Research“, the economist B.D. McCullough (2009) lists some of the reasons why replicable research is crucial for science:

„[…]replication ensures that the method used to produce the results is known. Whether the results are correct or not is another matter, but unless everyone knows how the results were produced, their correctness cannot be assessed. Replicable research is subject to the scientific principle of verification; non-replicable research cannot be verified. Second, and more importantly, replicable research speeds scientific progress. We are all familiar with Newton’s quote, ‘If I have seen a little further it is by standing on the shoulders of giants.’ […] Third, researchers will have an incentive to avoid sloppiness. […] Fourth, the incidence of fraud will decrease.“ (p.118)

More recently, the case of the US-economists Rogoff and Reinhart clearly illustrated the need for replications to be much more common in science and scientific education. But… Read the rest of this entry »