Solving Science's False-Positive Problem with a Cap and Trade System: My Letter (w/ Dave Kelly) in Nature

Like many people, I have been reading and thinking quite a lot about the replication crisis in the sciences over the past year. I got together with my economist colleague Dave Kelly to develop a proposal to tackle the replication crisis with a market-based solution. The idea rests on a cap-and-trade system, which has been a successful approach for regulating and reducing many other kinds of pollution (which, at the end of the day, is exactly what false positives are).

Our brief correspondence, linked to here, was published today in Nature.

I am putting the finishing touches on a blog entry in which I explain the idea in much greater detail than Dave and I were able to do in only a few hundred words. I'll be posting as a separate entry a bit later.