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First, a holiday favorite from last year:
(Fun fact: the other kid in the video will be helping me out at the AEA meeting in Chicago in a couple of weeks, so come say hi!) Second, my mom made a new version of an xmas tree skirt:
See? Economists can be festive even though [...]
Tags: Behavioral Econ · Books · Uncategorizable
A couple of months ago I gave a talk at NerdNite Boston entitled “What Albums and Lattes Have in Common: Consumer Psychology and the Music Business.” In it, I got to talk about all sorts of behavioral economics-y stuff and explain how economists’ findings are relevant to both independent artists and people on the [...]
Tags: Behavioral Econ · Music Biz · Videos
Preface: I do not self-identify as a libertarian. In fact, I get somewhat irritated by the typical libertarian ideology-driven assumption that less regulation is always the answer. On a potentially related note, some of you have pointed out that I get my panties in a twist over seemingly random things. These [...]
Tags: Behavioral Econ · Environmental Econ · Policy
I think we’ve been over commitment devices before, but let’s recap: Traditional economists assume that individuals are perfectly rational. Being economically “rational,” in part, requires that an individual’s short-term and long-term preferences are always aligned. For example, this would mean that if I decide on Monday that the best option for me [...]
Tags: Behavioral Econ · Just For Fun
For better or for worse, let the record show that I am not a patient person. In addition, I don’t have a particularly high threshold for BS. Therefore, when I get frustrated, I tend to take matters into my own hands:
Don’t worry, the full book is still being published…eventually, but, since I wasn’t [...]
Tags: Behavioral Econ · Books
