Into the Impossible With Brian Keating cover image

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

Into the Impossible With Brian Keating

00:00

What Do These Points Really Mean?

Economists usually think of every point there as the intersection of a supply and demand function. But what she did was collect data on what the weather was like at sea in the day before. She defined kind of three sets of days, stormy, fine and intermediate. And so if you look on fair days, the price is relatively low, the quantity is relatively high. It's the having this instrument that helps you trace out what the demand function is.

Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner
Get the app