Replication studies are increasingly conducted but there is no established statistical criterion for replication success. We propose a novel approach combining reverse-Bayes analysis with Bayesian hypothesis testing: sceptical prior determined the effect size such that original finding longer convincing in terms of Bayes factor. This then contrasted to an advocacy (the reference posterior based...

Recently, several experts in stated preference willingness to pay (WTP) methods have advocated greater use of these methods to facilitate cost–benefit analysis in health care [1–3]. The suggestion is that health economics lags behind other areas of economics that have embraced these methods, in particular environmental economics. A small but growing number of stated preference WTP studies have ...

At a high level of abstraction, many systems of argumentation can be represented by a set of abstract arguments, and a binary relation between these abstract arguments describing how they contradict each other. Acceptable sets of arguments, called extensions, can be defined as sets of arguments that do not contradict one another, and attack all their attackers. We are interested in this paper i...

Despite many years of active research in the field and a number of fruitful applications, agent-based modeling has not yet made it through to the top ranking economic journals. In this paper we investigate why. We look at the following problematic areas: (i) interpretation of the simulation dynamics and generalization of the results, and (ii) estimation of the simulation model. We show that the...