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Daniel J Benjamin, James O Berger, Magnus Johannesson, Brian A Nosek, E. J Wagenmakers, Richard Berk, Kenneth A Bollen, Bjorn Brembs, Lawrence Brown, Colin F Camerer, David Cesarini, Christopher D. Chambers, Merlise Clyde, Thomas D Cook, Paul De Boeck, Zoltan Dienes, Anna Dreber, Kenny Easwaran, Charles Efferson, Ernst Fehr, Fiona Fidler, Andy P. Field, Malcom Forster, Edward I. George, Tarun Ramadorai, Richard Gonzalez, Steven Goodman, Edwin Green, Donald P Green, Anthony Greenwald, Jarrod D. Hadfield, Larry V. Hedges, Leonhard Held, Teck Hau Ho, Herbert Hoijtink, James Holland Jones, Daniel J Hruschka, Kosuke Imai, Guido Imbens, John P.A. Ioannidis, Minjeong Jeon, Michael Kirchler, David Laibson , John A List, Roderick Little, Arthur Lupia, Edouard Machery, Scott E. Maxwell, Michael McCarthy, Don Moore, Stephen L. Morgan, Marcus Munafo, Shinichi Nakagawa, Brendan Nyhan, Timothy H Parker, Luis Pericchi, Marco Perugini, Jeff Rouder, Judith Rousseau, Victoria Savalei, Felix D. Schonbrodt, Thomas Sellke, Betsy Sinclair, Dustin Tingley, Trisha Van Zandt, Simine Vazire, Duncan J. Watts, Christopher Winship, Robert L. Wolpert, Yu Xie, Cristobal Young, Jonathan Zinman, Valen E. Johnson

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We propose to change the default P-value threshold for statistical significance for claims of new discoveries from 0.05 to 0.005.