Error Detection

Correctly Dealing with Outliers (Part Two)

A two-part blog post on outlier exclusion procedures, and their impact on false-positive rates.

How Not To Deal with Outliers

A short case study showing how not to deal with your outliers, featuring a recent paper published in psychology.

No Evidence for Loss Aversion Disappearance and Reversal in Walasek and Stewart (2015)

Can loss aversion disappear and reverse? In this article, we show that the shifts in loss aversion reported in Walasek and Stewart (2015) are driven by an invalid experimental paradigm. After correcting this error, we do not see evidence that loss aversion is shaped by the distribution of gains and losses that people have encountered.