How to Make Scientists Agree: An Evolutionary Betting Mechanism

One of the basic problems in giving economic advice is to find sufficiently robust empirical evidence for making policy recommendations. Since there are no "objective" ways to decide on the "truth" of scientific results, social sciences have resorted to some method of "temporary consensus," which has lead to various schools of thought involving scholars that agree upon certain views, assumptions and methods. Slembeck outlines a basic mechanism that may help to bridge some of the disagreement between schools.