{"@context":{"@vocab":"https://cir.nii.ac.jp/schema/1.0/","rdfs":"http://www.w3.org/2000/01/rdf-schema#","dc":"http://purl.org/dc/elements/1.1/","dcterms":"http://purl.org/dc/terms/","foaf":"http://xmlns.com/foaf/0.1/","prism":"http://prismstandard.org/namespaces/basic/2.0/","cinii":"http://ci.nii.ac.jp/ns/1.0/","datacite":"https://schema.datacite.org/meta/kernel-4/","ndl":"http://ndl.go.jp/dcndl/terms/","jpcoar":"https://github.com/JPCOAR/schema/blob/master/2.0/"},"@id":"https://cir.nii.ac.jp/crid/1361418521005889664.json","@type":"Article","productIdentifier":[{"identifier":{"@type":"DOI","@value":"10.1111/abac.12172"}},{"identifier":{"@type":"URI","@value":"https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fabac.12172"}},{"identifier":{"@type":"URI","@value":"https://onlinelibrary.wiley.com/doi/pdf/10.1111/abac.12172"}},{"identifier":{"@type":"URI","@value":"https://onlinelibrary.wiley.com/doi/full-xml/10.1111/abac.12172"}}],"dc:title":[{"@value":"Choosing the Level of Significance: A Decision‐theoretic Approach"}],"description":[{"type":"abstract","notation":[{"@value":"<jats:p>In many areas of science, including business disciplines, statistical decisions are often made almost exclusively at a conventional level of significance. Serious concerns have been raised that this contributes to a range of poor practices such as <jats:italic>p</jats:italic>‐hacking and data‐mining that undermine research credibility. In this paper, we present a decision‐theoretic approach to choosing the optimal level of significance, with a consideration of the key factors of hypothesis testing, including sample size, prior belief, and losses from Type I and II errors. We present the method in the context of testing for linear restrictions in the linear regression model. From the empirical applications in accounting, economics, and finance, we find that the decisions made at the optimal significance levels are more sensible and unambiguous than those at a conventional level, providing inferential outcomes consistent with estimation results, descriptive analysis, and economic reasoning. Computational resources are provided with two <jats:italic>R</jats:italic> packages.</jats:p>"}]}],"creator":[{"@id":"https://cir.nii.ac.jp/crid/1381418521005889665","@type":"Researcher","foaf:name":[{"@value":"Jae H. Kim"}],"jpcoar:affiliationName":[{"@value":"the Department of Economics and Finance La Trobe University"}]},{"@id":"https://cir.nii.ac.jp/crid/1381418521005889664","@type":"Researcher","foaf:name":[{"@value":"In Choi"}],"jpcoar:affiliationName":[{"@value":"the Department of Economics Sogang University"}]}],"publication":{"publicationIdentifier":[{"@type":"PISSN","@value":"00013072"},{"@type":"EISSN","@value":"14676281"}],"prism:publicationName":[{"@value":"Abacus"}],"dc:publisher":[{"@value":"Wiley"}],"prism:publicationDate":"2019-11-14","prism:volume":"57","prism:number":"1","prism:startingPage":"27","prism:endingPage":"71"},"reviewed":"false","dc:rights":["http://onlinelibrary.wiley.com/termsAndConditions#vor"],"url":[{"@id":"https://api.wiley.com/onlinelibrary/tdm/v1/articles/10.1111%2Fabac.12172"},{"@id":"https://onlinelibrary.wiley.com/doi/pdf/10.1111/abac.12172"},{"@id":"https://onlinelibrary.wiley.com/doi/full-xml/10.1111/abac.12172"}],"createdAt":"2019-11-15","modifiedAt":"2023-09-02","relatedProduct":[{"@id":"https://cir.nii.ac.jp/crid/1050857932864010240","@type":"Article","resourceType":"学術雑誌論文(journal article)","relationType":["isReferencedBy"],"jpcoar:relatedTitle":[{"@language":"en","@value":"Foreign coworker nationality, cultural distance, and perception of cultural diversity in the workplace"}]},{"@id":"https://cir.nii.ac.jp/crid/1360869856051011456","@type":"Article","resourceType":"学術雑誌論文(journal article)","relationType":["isReferencedBy"],"jpcoar:relatedTitle":[{"@value":"Intercultural sensitivity among nursing educators: Comparison between Japan and China"}]},{"@id":"https://cir.nii.ac.jp/crid/1390853122767607552","@type":"Article","relationType":["isReferencedBy"],"jpcoar:relatedTitle":[{"@language":"en","@value":"Association of teleworking and smoking behavior of U.S. wage and salary workers"}]},{"@id":"https://cir.nii.ac.jp/crid/2050025942155086208","@type":"Article","resourceType":"学術雑誌論文(journal article)","relationType":["isReferencedBy"],"jpcoar:relatedTitle":[{"@value":"Spatial and temporal influence of sea level on inland stress based on seismic velocity monitoring"}]}],"dataSourceIdentifier":[{"@type":"CROSSREF","@value":"10.1111/abac.12172"},{"@type":"CROSSREF","@value":"10.1002/1348-9585.12283_references_DOI_2JgAZaIXE60MF9VhT1ahtKelQwP"},{"@type":"CROSSREF","@value":"10.1186/s40623-022-01657-8_references_DOI_2JgAZaIXE60MF9VhT1ahtKelQwP"},{"@type":"CROSSREF","@value":"10.1108/jabs-10-2021-0413_references_DOI_2JgAZaIXE60MF9VhT1ahtKelQwP"},{"@type":"CROSSREF","@value":"10.1016/j.nedt.2025.106592_references_DOI_2JgAZaIXE60MF9VhT1ahtKelQwP"}]}