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Markets for science


November 9, 2015

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A recent estimate put the costs associated with irreproducible preclinical research at $28 billion a year in the United States. No mechanisms exist to quickly identify findings that are unlikely to be replicated. New research used prediction markets--investment platforms that reward traders for correctly predicting future events--to estimate the reproducibility of more than 40 experiments published in prominent psychology journals.Full Story

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Harvard John A. Paulson School of Engineering and Applied Sciences

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