Michael Giberson I?m getting conflicting signals from Marginal Revolution. No, not the disagreement between Alex and Tyler over Deidre McCloskey?s recent lecture on prudence in politics. It?s the The Shangri-La Diet, currently listed under the heading “We Recommend.” Click through to Amazon and check out the author’s name on the cover ? “Seth Roberts, PhD.” …
Michael Giberson An article recently published in Science reports on research demonstrating that while many people initially prefer participating in groups without the ability to punish or be punished by others, over time subjects migrate into a group allowing punishment. Or, as the authors — ?zg?r G?rerk, Bernd Irlenbusch, and Bettina Rockenbach — explain it …
Michael Giberson In fact-checking myself on ?Rivers of Babylon? (discussed in the continuation of my previous post), I saw in the Wikipedia entry that Sublime covered the tune too. I had just used the Wal-mart.com website to download the Virginia CutUps version of the tune ? yeah, I?m not too hip to download music from …
Michael Giberson In honor of music week here at KP, I had Windows Media Player gin up an auto playlist of ?Favorites ? Have not heard recently.? The first five artists and tunes? Rolling Stones, ?Honky Tonk Woman? ? Not sure that this rates a ?Favorite? rating from me. Somehow, in some kind of ?whole …
Michael Giberson From The Economist comes news of a game-theory based software tool that divorcing couples can use to divide property: Researchers in Australia have developed a computer program that relies on a branch of mathematics known as game theory to produce a fairer outcome when dividing property. Instead of the traditional approach of dividing …
Michael Giberson Just in time for Music Week here at KP, another Washington-area radio station jumps formats. Paul Farhi reports in the Washington Post that WBIG has abandoned “oldies” for the somewhat younger demographics of classic rock. WBIG, owned by radio giant Clear Channel, ushered out the format at 5 p.m. [Monday] by playing the …
Michael Giberson An update on my “Markets vs. Wisdom of Crowds” NCAA Men’s Basketball Tournament brackets. See the earlier discussion here. The Market bracket (based on Ticket Reserve fan forward prices) beat the Wisdom bracket (based on ESPN’s “national bracket” aggregation of 3 million plus entries submitted), with final scores in the ESPN tournament challenge …
Luck, Markets and the Wisdom of Crowds: A Final Update on My Ncaa Basketball Brackets Read More »
Michael Giberson At EconLog, Arnold Kling challenges James Pinkerton?s push for reorganization of the federal government into five super-departments. Kling cites a former colleague of his as saying, ?When they don’t know what to do, they re-org.? Kling writes: A re-organization like the [proposed] plan would create all sorts of uncertainty about where people fit …
Posner, Kling Cynical About Government Reorganizations Read More »
Michael Giberson The Washington Post‘s business section, no doubt eager to jump into the Mason Mania that has permeated the rest of the newspaper, ran a story today about the other star team on campus: the economics department. It’s a fairly lightweight story — after all it ain’t basketball — but they spelled all the …
Michael Giberson Once again this year, like millions of folks around the country, I filled out a NCAA basketball tournament bracket. Once again, my bracket is far from perfect. Once again, this year, I have been searching for an edge. (Preferably, the kind of edge that will enable me to out-pick my sports-minded, math-teacher wife.) …
Markets Vs. The Wisdom of Crowds in Picking Ncaa Basketball Winners Read More »
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