Year: 2009
Type: article
Study design: Systematic Review
Abstract: Meta-analysis is a tool used to combine the results from multiple studies into one comprehensive analysis. First developed in the 1970s, meta-analysis is a major statistical method in academic, medical, business, and industrial research. There are three traditional ways in which a meta-analysis is conducted: fixed or random effects, and using an empirical Bayesian approach. Derivations for conducting meta-analysis on correlations in the industrial psychology and organizational behavior (OB) discipline were reviewed by Hunter and Schmidt (2004). In this approach, Hunter and Schmidt propose an empirical Bayesian analysis where the results from previous studies are used as a prior. This approach is still widely used in OB despite recent advances in Bayesian methodology. This paper presents the results of a hierarchical Bayesian model for conducting meta-analysis of correlations and then compares these results to a traditional Hunter-Schmidt analysis conducted by Judge et al. (2001). In our approach we treat the correlations from previous studies as a likelihood, and present a prior distribution for correlations.
Author: Michael D. Ulrich
Institution: Brigham Young University
Language: English
Subfield: Statistics, Probability and Uncertainty
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W825921278