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133 search results for: predict

121

The great un-revolution

As much as I hate link farmers, I can’t help reposting this great paragraph from the Positive Economist. It just ties in so well to the recent discussion on this blog about rationality and behavioural economics! Behavioral economics is possibly the least revolutionary revolution ever to hit an academic discipline, because, as Scheiber is alluding […]

122

Wherefore art thou, rationality?

I’ve been bombarded recently with people telling me about economists’ perception of rationality and the wonders of behavioural economics. The term homo economicus gets thrown around with gay abandon as a generic criticism of economics. Oliver Woods claimed that rationality means having perfect information and being entirely self-interested. At the other end of the scale, […]

126

Biased impartiality in the media

Half the internet seems to be talking about the US Presidential primaries at the moment, so Jeremy Burke’s work on media bias seems particularly pertinent. I might talk about his other papers another time but the one that’s captured my attention today addresses the myth that balanced media coverage is equivalent to fair coverage. It […]