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Preston McAfee, decade-long editor of the American Economic Review, Caltech professor, and all around economist extraordinaire starts today as Chief Economist of Microsoft.
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When hiring or making admissions decisions, impressions of a person from an interview are close to worthless. Hire on the most objective data you have.
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The Society for Judgment and Decision Making is inviting submissions for the Hillel Einhorn New Investigator Award.
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Do non-compete agreements result in worse work?
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A rough guide to spotting bad science
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If you take a light gloss over the literature, you would think that people are overly attracted to the lump sum, that is, they discount the future too much. One recent paper, however, finds that the appeal of the annuity has much to do with the amount. Small annuity payments are quite unattractive, but large annuity payments become surprisingly attractive.
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The publishers Springer and IEEE are removing more than 120 papers from their subscription services after a French researcher discovered that the works were computer-generated nonsense.
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Someone smart said something like ‘when you invent a system, you invent the game that plays that system’.
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When was saw this interview featuring two JDM giants, Richard Thaler and Nobel Laureate Daniel Kahneman, we knew we had to run it.
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We saw in our last posts that using double sided printing and cover sheets by default saves a lot of paper. This week we see a case in which defaults are effective, but have a costly drawback. Abstract says it all.
