Evolving Economics is a blog by Jason Collins of his thoughts on economics, evolution and those areas in between.
Evolving Economics's Latest Posts
Links this week: A good Jared Diamond interview. The 10,000 hours rule – the best you can do is find the peak of your own ability. Tinder works because a picture is “worth that fabled thousand words, but your actual words are worth… almost nothing”. (HT: Razib) Dumb incentives, although economists would be the first to point […]
A neat new paper has appeared on SSRN from Owen Jones – Why Behavioral Economics Isn’t Better, and How it Could Be (HT: Emanuel Derman via Dennis Dittrich). My favourite part is below. As I have said many times before, giving a bias a name is not theory. [S]aying that the endowment effect is caused by Loss […]
I have updated my economics and evolutionary biology reading list, with a few new additions including John Coates’s The Hour Between Dog and Wolf, Gregory Clark’s new book on social mobility and Jonathan Haidt’s The Righteous Mind. As before, I have been selective, adding only the best books (or articles) in the area. That said, I […]
Links this week: Cooperation in humans versus apes. In praise of pilots. Are women better decision makers? You can ask about some sex differences. Amazon is doing us a favour. Goodbye book publishers. The logic of failure. The Behavioural Insights Team has lunch with Walter Mischel. Mischel’s work is fantastic and his new book is on […]
A classic story on the play-list of many behavioural economics presentations is why you can’t find taxis on rainy days. The story is based on the idea that taxi drivers work to an income target. If driver wages are high due to high demand for taxis, such as when it rains, they will reach their income […]
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