It turns out that even medical doctors are subject to the whims of irrationality and the phenomena of behavioral economics. This would come as no surprise to Nassim Taleb (whose next book I fear will … more →
fatuous diatribesshoemakes wrote 3 weeks ago: It turns out that even medical doctors are subject to the whims of irrationality and the phenomena o … more →
pragmasynesi wrote 3 weeks ago: From Scientific American Magazine , June 22, 2009: The Science of Economic Bubbles and Busts The wo … more →
Ilya Bogorad wrote 1 month ago: Traditionally, decision making in organizations is considered to be entirely rational. Pros and cons … more →
shoemakes wrote 2 months ago: Nice little post here from the blog “Unbundling as a Pricing Strategy.” It’s a go … more →
Rags Srinivasan wrote 2 months ago: Here is an Ad for Wendy’s double stack burger that shows very neatly Loss aversion. (what for … more →
pragmasynesi wrote 3 months ago: How Obama was (and is) using behavioural economics. Methinks the subject is fit for an appendix to … more →
dkincheloe wrote 5 months ago: The Good Life (or Eudymonia) is part of what we all search for to some degree or another…. Her … more →
fourcultures wrote 5 months ago: …you could do worse than to make it this one: http://nobelprize.org/nobel_prizes/economics/laureates … more →
Mehul wrote 5 months ago: Reflections on a crisis – panel featuring Kahneman and Taleb Taleb’s being Taleb with no … more →
saij wrote 8 months ago: One of the founders of Cognitive Models in the Social Sciences gives an interview with Harry Kreisle … more →
txjhb wrote 8 months ago: http://www.nytimes.com/2008/10/28/opinion/28brooks.html?_r=1&scp=2&sq=&st=nyt&oref … more →
The Armchair Daddy wrote 9 months ago: How good is your medical judgement? Try this. A 55-year old had a Pulmonary Embolism documented angi … more →
Frank Capek wrote 1 year ago: The ways we think about money and make financial decisions are typically far from rational. We get … more →
Frank Capek wrote 1 year ago: The ways we think about money and make financial decisions are typically far from rational. We get … more →
Frank Capek wrote 1 year ago: I’ve gotten accustomed to taking my car to the Jiffy Lube near my house. Over the 30 years th … more →
Frank Capek wrote 1 year ago: I’ve gotten accustomed to taking my car to the Jiffy Lube near my house. Over the 30 years th … more →
Barry Kayton wrote 1 year ago: Yesterday I came across A Short Course in Thinking About Thinking by Daniel Kahneman. What a fascina … more →