Biased in favor of your null hypothesis

Another great post on orgtheory.  I think the takeaway is that when it is really hard to prove something conclusively people fall back on their personal and disciplinary biases.  Rafe Stolzenberg has more than once reminded me how economists’ strong theory is a double-edged sword.  Economists need to be reminded that even if the data you’re currently analyzing can’t reject every possible rational choice model doesn’t mean you shouldn’t take alternative models seriously.  In fact, placing such a heavy burden of proof on alternative models seems quite irrational to me.


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