Asimetría de la información, un estado en el que en una transacción una de las partes posee mejor información que otra.
Ya estamos completamente acostumbrados a las falsas proclamaciones públicas de los políticos. Pero los votantes también mienten.
With any problem, it’s important to figure out which incentives will actually work, not just what your moral compass tells you should work.
Why I Write for Children, he explained the appeal. Children read books, not reviews, he wrote. They don’t give a hoot about the critics. And: When a book is boring, they yawn openly, without any shame...
While one might expect that suicide is highest among people whose lives are the hardest, research by Lester and others suggests the opposite: suicide is more common among people with a higher quality...
When you are consumed with the rightness or wrongness of a given issue—whether it’s fracking or gun control or genetically engineered food—it’s easy to lose track of what the issue actually is.
When there are too many physician-patient interactions, the amplitude gets turned up on everything, he says. More people with non-fatal problems are taking more medications and having more procedures,...
When it comes to solving problems, one of the best ways to start is by putting away your moral compass. Why? When you are consumed with the rightness or wrongness of a given issue—whether it’s frackin...
When bad predictions are unpunished, what incentive is there to stop making them?
Whatever problem you’re trying to solve, make sure you’re not just attacking the noisy part of the problem that happens to capture your attention.
What if, for instance, every Briton were also entitled to a free, unlimited, lifetime supply of transportation? That is, what if everyone were allowed to go down to the car dealership whenever they wa...
What does tenure do? It distorts people’s effort so that they face strong incentives early in their career (and presumably work very hard early on as a consequence) and very weak incentives forever af...
Vegans are still considered as sort of out there, a fringe group of animal rights activists with pasty skin and protein issues. However,
They may accuse you of consorting with witches or communists or even economists.
The results of Tetlock’s study were sobering. These most expert of experts—96 percent of them had postgraduate training—thought they knew more than they knew, he says. How accurate were their predicti...
The more social science we learn, the more we realize that people, while treasuring their independence, are in fact drawn to herd behavior in almost every aspect of daily life.
The key is to learn to climb inside other people's minds to figure out what really matters to them.
The climate models are crude in space and they’re crude in time, he continues. So there’s an enormous amount of natural phenomena they can’t model. They can’t do even giant storms like hurricanes. The...
So what does all this mean if you desperately want to persuade someone who doesn’t want to be persuaded?The first step is to appreciate that your opponent’s opinion is likely based less on fact and lo...
So there is little doubt that financial incentives work well, even if the outcome is undesirable. Consider a 2011 traffic accident in the Chinese city of Foshan. A two-year-old girl, walking through a...