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P-hacking, Reproducibility & the Nobel Prize: Guido Imbens (#269)

Into the Impossible With Brian Keating

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How Many Planets Are There?

Economists are pretty sure that prices go up and the amount is going to go down, but we don't know how much. And so part of what economists have been doing since the 1920s is kind of trying those settings to disentangle these different forces. It's not like an experiment. Prices are set by sellers because they think that's what the market can bear. When they see that the demand is high, they go to charge more.

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