Geeky Friday Fun: Chocolate Chips Are Distributed Poisson

Lynne Kiesling Did you know that the numerical distribution of chocolate chips in commercially baked cookies is Poisson? … More Geeky Friday Fun: Chocolate Chips Are Distributed Poisson

Upcoming Aei Conference: Texas Electricity Restructuring

Lynne Kiesling My colleague Andy Kleit and I are co-editing a book on electricity restructuring in Texas: A number of states have recently sought to increase competition in the electricity industry to drive down prices, increase supply, and improve service quality. Yet in the aftermath of the rolling blackouts and power shortages that afflicted California … More Upcoming Aei Conference: Texas Electricity RestructuringMore Upcoming Aei Conference: Texas Electricity Restructuring

Tacit Knowledge and Prediction Markets

Lynne Kiesling OK, so I’m a little slow … and Mike’s gonna give me the big eyeroll I deserve when I say this … it wasn’t until I saw the title of this Burgh Diaspora post (I’m a definitive member of the Pittsburgher diaspora) that I consciously thought about this question: do prediction markets discover … More Tacit Knowledge and Prediction MarketsMore Tacit Knowledge and Prediction Markets