Bayes Factors with an Application to Experimental Economics

A-Tier
Journal: Experimental Economics
Year: 2003
Volume: 6
Issue: 3
Pages: 311-325

Authors (3)

Gary Bolton (Pennsylvania State University) Duncan Fong (not in RePEc) Paul Mosquin (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We describe Bayes factor, an explicit measure of the strength of the evidence, the extent to which the data increase or decrease the odds a given hypothesis or model is true. Issues and techniques for deriving a Bayes factor are outlined. We illustrate the technique with data from an ultimatum game experiment that looked for an experimenter observation effect. We show that the evidence increases the odds of an effect, but not by enough to convince someone with a skeptical prior. Copyright Kluwer Academic Publishers 2003

Technical Details

RePEc Handle
repec:kap:expeco:v:6:y:2003:i:3:p:311-325
Journal Field
Experimental
Author Count
3
Added to Database
2026-01-24