by Craig Marker | Dec 13, 2006 | Uncategorized
In a study conducted by Tversky and Kahneman, participants were asked about the probability of a witness correctly identifying the right color of a cab that was in an accident. The participants were given the following information: A cab was involved in a hit and run...
by Craig Marker | Dec 12, 2006 | Uncategorized
Slate magazine has an interesting article on how George Mason University attracts undervalued prospects in their economics department and on their basketball team. Here is a quote that summarizes much of their article:“GMU lacks the resources and reputation to recruit...
by Craig Marker | Dec 11, 2006 | Uncategorized
Wikipedia, an online community encyclopedia, is getting some competition from the Urban Dictionary. I can’t find Hasselhoffing on Wikipedia, but I can find it on the Urban Dictionary (It is the act of changing a colleagues desktop wallpaper to the image of David...
by Craig Marker | Dec 11, 2006 | Uncategorized
The gap between “declared preferences” (what you say you’ll do) and “expressed preferences” (what you actually do) … Sometimes we say we will do something with the full belief that we will do it. But as willing as the spirit may be, the flesh is often less...
by Craig Marker | Dec 10, 2006 | Uncategorized
Below are some quotes from Donald Rumsfeld and from Rob Zombie. Can you tell the difference?1) Great things come out of being hungry and cold.2) Learn to say “I don’t know.” If used when appropriate, it will be often.3)You can’t worry about a...
