I’ve found that hitting either (E) or (I) entails a bit of (W). If you’re running regressions on some enormous dataset creating some elasticity estimates, and you’re pretty sure that the estimate should be positive and not negative, and you find it’s negative you can either hit (E) - systematize the anomalous result: what’s driving it and why is this set of datapoints not what the theory would predict—which I suppose is joined by the sentiment toward God that’s either (W) God, why the f—did you make this universe so f----- complicated or (W) thanks be to God for giving the sciences such a vast wealth of material for the highest form of human activity, study (or some other suitable expression of gratitude).
Or you could say (I) - the “bad” option—maybe I’ll just try this regression using another specification and forget I ever saw this… and hit (W) to say either thank God no one else saw that or (W) I hope to God no one ever gets their hands on this dataset until it’s substantively different...
I’ve found that hitting either (E) or (I) entails a bit of (W). If you’re running regressions on some enormous dataset creating some elasticity estimates, and you’re pretty sure that the estimate should be positive and not negative, and you find it’s negative you can either hit (E) - systematize the anomalous result: what’s driving it and why is this set of datapoints not what the theory would predict—which I suppose is joined by the sentiment toward God that’s either (W) God, why the f—did you make this universe so f----- complicated or (W) thanks be to God for giving the sciences such a vast wealth of material for the highest form of human activity, study (or some other suitable expression of gratitude).
Or you could say (I) - the “bad” option—maybe I’ll just try this regression using another specification and forget I ever saw this… and hit (W) to say either thank God no one else saw that or (W) I hope to God no one ever gets their hands on this dataset until it’s substantively different...