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THE SUPERBOWL INDICATOR Discussing the Decision Science News correlation, causation post during one of our daily and always entertaining Yahoo! Research lunches, someone said “this battle can’t be won because people just want to believe certain things are causal”. In line with that, Jason Zweig sends along this very funny piece about a spurious correlation, […]
HOW TO STOP THE SELLING OF CORRELATION AS CAUSATION? Decision Science News does not read news often. (We took Herbert Simon’s advice that checking the news every week or so is enough and are much happier since). However, each time we do we see headlines of the following sort: Want to live longer? Get a […]
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BEHAVIORAL ECONOMICS AS A COMPLEMENT, NOT A SUBSTITUTE Sisyphus finds some nudges harder than others George Loewenstein and Peter Ubel published this Op Ed in the New York Times entitled Economics Behaving Badly. It is not every day that prominent behavioral economists emphasize the limits of what they do, so we thought they deserved special […]
GELMAN’S FIVE BOOK RECOMMENDATIONS There’s a nice article in The Browser in which Statistician and Political Scientist Extraordinaire Andrew Gelman recommends five books. It is definitely worth a read. We learned something about baseball from it and have decided to buy a book on child rearing based on its recommendations. [We already knew the stuff […]
