A while back, Decision Science News put out a call to the Society for Judgment and Decision Making email list looking for “tools, methods to improve decision making, outcomes, and information communication”. Here are the results of that call.
JUST ABOUT EVERYONE GOT IT WRONG, SOME CLASSES OF PREDICTIONS WERE LESS WRONG We know Decision Science News isn’t your main news source and assume you know that Donald Trump surprised many and won the election last night. Models like the Princeton Election Consortium, which put Clinton’s probability of winning at 99%, probably need re-examining. […]
A distribution builder is a tool to elicit probability distributions from people. Now you can make your own.
THE SOCIAL AND NATURAL SCIENCES DIFFER IN THIS REGARD We have talked in the past about how economics does not cite other fields much (see Pieters and Baumgartner, 2002). Are authors rewarded for writing papers this way? In social science, the answer seems to be yes. A recent article in Plos One “The Impact of […]
In light of considerable evidence that there is no meaningful effect of power posing, Dana Carney a co-author of the original article has come forth stating that she no longer believes in the effect.
Decision Science News readers may be interested in the Behavioral Science and Policy Association’s PolicyShop blog.
Two recent events in the UK made it look like prediction markets’ predictions aren’t worth much. But looks can be deceiving.
We were surprised to see that R has passed SAS for scholarly use. We were surprised because we assumed this would have happened years ago.
If you have not seen John Oliver’s hilarious rant about bad science from his program Last Week Tonight, you should do so for it is hilarious.
Have some free data on the correlation between loss aversion and risk aversion
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