Archivio per 26 dicembre 2014

26
Dic
14

Holiday Shopping Tips From Behavioral Economists

Behavioral economists study human errors. People don’t always make the best choices for themselves, so there’s good reason to doubt whether they will always make the best choices for others.

If you’ve ever received a useless gadget, a horrendous tie or some kind of bowl, you’ll know that when people buy Christmas presents, they can blunder badly. Chances are pretty good that whatever you end up getting people this year, and however hard you try, some of your friends and family members aren’t going to think that the gift is worth what you paid for it.

University of Minnesota economist Joel Waldfogel, author of “Scroogenomics,” finds that Americans spend about $65 billion on winter holiday presents every year — and that many of those billions are simply wasted, because a lot of people don’t much like what they get. Typically the value of a gift, to the recipient, is about 20 percent lower than its cost. He describes the holiday season as “an orgy of value destruction.”

Source: www.bloombergview.com

See on Scoop.itBounded Rationality and Beyond

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26
Dic
14

Holiday Shopping Tips From Behavioral Economists

See on Scoop.itBounded Rationality and Beyond

Behavioral economists study human errors. People don’t always make the best choices for themselves, so there’s good reason to doubt whether they will always make the best choices for others.

If you’ve ever received a useless gadget, a horrendous tie or some kind of bowl, you’ll know that when people buy Christmas presents, they can blunder badly. Chances are pretty good that whatever you end up getting people this year, and however hard you try, some of your friends and family members aren’t going to think that the gift is worth what you paid for it.

University of Minnesota economist Joel Waldfogel, author of “Scroogenomics,” finds that Americans spend about $65 billion on winter holiday presents every year – and that many of those billions are simply wasted, because a lot of people don’t much like what they get. Typically the value of a gift, to the recipient, is about 20 percent lower than its cost. He describes the holiday season as “an orgy of value destruction.”

See on bloombergview.com

26
Dic
14

Richard Thaler: Nudge and Beyond: Behavioural Science, Policy and Knowing What Works – YouTube

https://www.youtube.com/v/5iz7U8ZCDfE?fs=1&hl=fr_FR

Professor Richard Thaler, Chicago Booth Business School. Nudge and Beyond – Behavioural Science, Public Policy and Knowing What Works. Richard gives a presentation on his work since he published his seminal book Nudge and also how the world has changed. Event held at the British Academy, 14 June 2012…

Source: www.youtube.com

See on Scoop.itBounded Rationality and Beyond

26
Dic
14

Richard Thaler: Nudge and Beyond: Behavioural Science, Policy and Knowing What Works – YouTube

See on Scoop.itBounded Rationality and Beyond

Professor Richard Thaler, Chicago Booth Business School. Nudge and Beyond – Behavioural Science, Public Policy and Knowing What Works. Richard gives a presentation on his work since he published his seminal book Nudge and also how the world has changed. Event held at the British Academy, 14 June 2012…

See on youtube.com

26
Dic
14

Conspiracy Theories and Other Dangerous Ideas with Cass R. Sunstein – YouTube

https://www.youtube.com/v/DWzcwTq_M6Q?fs=1&hl=fr_FR

Harvard Law Professor and former Administrator of the White House Office of Information and Regulatory Affairs Cass R. Sunstein visits the National Constitution Center to debut his latest book Conspiracy Theories and Other Dangerous Ideas—a collection of 11 essays that touch on a wide range of political, social, and judicial topics including: climate change, same-sex marriage, animal rights, religious freedom, gender equality, and of course, conspiracy theory.

Source: www.youtube.com

See on Scoop.itBounded Rationality and Beyond

26
Dic
14

Conspiracy Theories and Other Dangerous Ideas with Cass R. Sunstein – YouTube

See on Scoop.itBounded Rationality and Beyond

Harvard Law Professor and former Administrator of the White House Office of Information and Regulatory Affairs Cass R. Sunstein visits the National Constitution Center to debut his latest book Conspiracy Theories and Other Dangerous Ideas—a collection of 11 essays that touch on a wide range of political, social, and judicial topics including: climate change, same-sex marriage, animal rights, religious freedom, gender equality, and of course, conspiracy theory.

See on youtube.com

26
Dic
14

Academic Journals: The Most Profitable Obsolete Technology in History

The music business was killed by Napster; movie theaters were derailed by digital streaming; traditional magazines are in crisis mode–yet in this digital information wild west: academic journals and the publishers who own them are posting higher profits than nearly any sector of commerce.

Academic publisher Elsevier, which owns a majority of the prestigious academic journals, has higher operating profits than Apple. In 2013, Elsevier posted 39 percentprofits, according to Heather Morrison, assistant professor at the University of Ottawa’s School of Information Studies in contrast to the 37 percent profit that Apple displayed. 

This lucrative nature of academic publishing comes at a price–and that weight falls on the shoulders of the full higher education community which is already bearing the burden of significantly decreasing academic budgets. “A large research university will pay between $3-3.5 million a year in academic subscription fees –the majority of which goes to for-profit academic publishers,” says Sam Gershman, a postdoctoral fellow at MIT who assumes his post as an assistant professor at Harvard next year. In contrast to the exorbitant prices for access, the majority of academic journals are produced, reviewed, and edited on a volunteer basis by academics who take part in the tasks for tenure and promotion.

Source: www.huffingtonpost.com

See on Scoop.itBounded Rationality and Beyond




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