VISUAL LEAST SQUARES (Click on the image to interact with the tool) Back when the DSN editor was a student at Chicago, he learned Statistics and History of Statistics from Steve Stigler, who proposed a visual demonstration of least squares regression. Together they came out with a now-obsolete Mac version. Today, DSN is proud to […]
RUNAWAY POPULARITY EFFECTS IN MUSIC DOWNLOADING Back when DSN was headquatered at Columbia, it helped out a bit with Matt Salganik and Duncan Watts’ project on runaway popularity effects in music downloading. The paper is now out in Science (vol 311, page 854): Experimental Study of Inequality and Unpredictability in an Artificial Cultural Market. It’s […]
ANNOUNCING THE JUDGMENT AND DECISION MAKING JOURNAL Jon Baron has announced A new online journal for judgment and decision making. A new journal is always a risk. If people will read it and cite it, submitting there now is wise. If nobody will read it or cite it, submitting there now is foolish. In an […]
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STANFORD SUMMER SCHOOL IN NEUROECONOMICS 2006 This year’s Summer School in Neuroeconomics will take place July 17 – July 28, 2006 at Stanford. The application deadline is March 15th, 2006, so you’d better hurry. The organizers inlcude Colin Camerer (Caltech), Paul Glimcher (NYU), and Antonio Rangel (Stanford). The aim of the Stanford Summer School in […]
THE RECOGNITION HEURISTIC ON ESPN.COM Bill Simmons just ran a nice interview with Malcolm Gladwell, in which he draws on a recognition heuristic example of when more knowledge is worse than less. “Simmons: While we’re on the subject of the Knicks, please enlighten the readers on your convoluted theory about why Isiah Thomas is a […]
AN EASY MANAGEMENT MISTAKE TO MAKE Regression to the mean is like the cicada, just as you forget about it, you hear its buzz. The man who taught DSN the history of statistics, Prof. Steve Stigler of the University of Chicago, said this of it: “Galton’s completion of his discovery of this phenomenon [regression to […]
