ABSTRACT
This chapter explains how false feedback takes on the appearance of true feedback, that is, how false empirical results appear to other researchers as true results, a process called “the illusion of true feedback”. Threats to the validity of econometric results are too often invisible to other researchers, especially those having arisen from the garden of forking paths. The chapter shows how we should, in fact, observe less clean empirical results much more often than it is the case with published findings.
