The claim is not just that one finds questionable examples in linguistics papers, but that lax data-collection standards have led to the growth of theories that are based upon bogus data. If these charges stick, then we face a genuine crisis. In order for there to be a crisis, however, it would need to be the case that (i) Intuitive judgments have led to generalizations that are widely accepted...

Several recent results on the aggregation of judgments over logically connected propositions show that, under certain conditions, dictatorships are the only independent (i.e., propositionwise) aggregation rules generating fully rational (i.e., complete and consistent) collective judgments. A frequently mentioned route to avoid dictatorships is to allow incomplete collective judgments. We show t...

I have been a smoker for about 8 years and smoke about a pack per day. I am also an alcoholic and now drink about 7 to 10 beers a day, and have been for the past 2.5 years. Last night I decided to quit drinking beer every day and today I am already shaky, nervous, and can't concentrate. I want to quit smoking also so I can join the army. Is it dangerous to quit both at once? Would it be too muc...

Due to the overwhelming international evidence that stock prices drop by less than the dividend paid on ex-dividend days, the ex-dividend day anomaly is considered a stylized fact. Two main approaches have emerged to explain this empirical regularity: the tax-clientele hypothesis and the microstructure of financial markets. Although the most widely accepted explanation for this fact relies on t...

The discussion reviews BMS’s analysis of how summary financial data from the IPO prospectus are associated with the IPO offer price and the initial market price. The authors focus on whether the value drivers associated with these prices differ between internet and non-internet firms, and between the offer price and the day one ending price. They conclude that there are differences in the value...