Thursday , March 28 2024
Home / Lars P. Syll / Significance testing and the real tasks of social science

Significance testing and the real tasks of social science

Summary:
Significance testing and the real tasks of social science After having mastered all the technicalities of regression analysis and econometrics, students often feel as though they are masters of the universe. I usually cool them down with required reading of Christopher Achen’s modern classic Interpreting and Using Regression. It usually gets​ them back on track again, and they understand that no increase in methodological sophistication … alter the fundamental nature of the subject. It remains a wondrous mixture of rigorous theory, experienced judgment, and inspired guesswork. And that, finally, is its charm. And in case they get too excited about having learned to master the intricacies of proper significance tests and p-values, I ask them to also

Topics:
Lars Pålsson Syll considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Difference in Differences (student stuff)

Lars Pålsson Syll writes Vad ALLA bör veta om statistik

Lars Pålsson Syll writes Data analysis for social sciences (student stuff)

Lars Pålsson Syll writes 20 Best Econometrics Blogs and Websites in 2024

Significance testing and the real tasks of social science

Significance testing and the real tasks of social scienceAfter having mastered all the technicalities of regression analysis and econometrics, students often feel as though they are masters of the universe. I usually cool them down with required reading of Christopher Achen’s modern classic Interpreting and Using Regression. It usually gets​ them back on track again, and they understand that

no increase in methodological sophistication … alter the fundamental nature of the subject. It remains a wondrous mixture of rigorous theory, experienced judgment, and inspired guesswork. And that, finally, is its charm.

And in case they get too excited about having learned to master the intricacies of proper significance tests and p-values, I ask them to also ponder on Achen’s warning:

Significance testing as a search for specification errors substitutes calculations for substantive thinking. Worse, it channels energy toward the hopeless search for functionally correct specifications and diverts​ attention from the real tasks, which are to formulate a manageable description of the data and to exclude competing ones.

Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

Leave a Reply

Your email address will not be published. Required fields are marked *