Risk Assessment

An earlier entry on this page discussed how people make more conservative decisions if they are posed with what they can lose in that decision (as opposed to making riskier choices if they are told what they can gain). Another factor in our decision making process is...

Scientists

Murray Gell-Mann, a Nobel laureate, has said this about scientists:”The job of a scientist is to generate wrong ideas as fast as possible.”

Science is Difficult

National Science Foundation: Science HardINDIANAPOLIS-The newly discovered ‘Law Of Difficulty’ holds true for all branches of science, from astronomy to molecular biology.

Non-Zero Sum Game

Robert Wright talks in this video about non-zero sum games. These games are when the outcome for two people (or groups) is correlated. That is, if one player wins, the other one wins too (if one loses, the other one loses too). The analogue to that is the zero-sum...

Terrorists – From the Freakonomics Blog

Steven Levitt writes about terrorism and flying in his blog today. Here is an excerpt: The executives at American Airlines must be crazy. I heard a rumor — and I believe it is true — that they have made the decision to replace plastic knives with honest-to-God metal...

From the Onion

Oscars Reveal Widening Gap Between Best, Worst DressedLOS ANGELES—”For every Sarah Jessica Parker, there’s an overdressed underclass of Olsens and Abduls,” style expert Melissa Rivers said of the country’s widening taste gap.