Quantitative Intuition II: The Bayesian Brain’s Achilles Heel share 2 days ago by Katrina Lamb In a previous posting ( “Quantitative Intuition: It’s Not Counterintuitive”) I described some of the advancements that have been made in bringing together the disparate worlds of quantitative methods and human intuition, ending on the rather happy note that advanced scientific micromarketing models ... Sentrana Blog - blog.sentrana.com · 3 references |
Gladwell at it again share 2 days ago by agnostic In the new issue of The New Yorker, Malcolm Gladwell reviews some book about using the appeal of FREE to grow your business. This is supposed to apply most strongly to information, so that as more and more of a firm's product / service consists of information, the more it can use the appeal of FREE ... Gene Expression - gnxp.com/blog · Rank: 8,502 · 388 references |
The Behavioral Economics of Self Measurement share 2 days ago by Bob Nease The most recent Wired has a series of articles on how tracking personal data is changing people’s behaviors. They cite the Nike+ system as an example of the potential revolutionary effect of self measurement. Nike+ combines a non-intrusive sensor, an iPod, and easy-to-use web-based tools to track yo ... Ignite Symposium - ignitesymposium.com/blog · 1 reference |
Is there a best level of savings? share 2 days ago by Stephen Monrad People’s ability to wait for gratification deminishes over time. Behavioral economists have found that while people are willing to accept a smaller payment now rather than a larger payment a year from now, they prefer to wait for the larger payment if the year’s wait is far off in the future. To be ... Stephen Monrad - stephenmonrad.com/blog · Rank: 48,395 · 1 reference |
Efficient Markets are Dead share 2 days ago by Ocean An article by the Financial Times states how the Efficient Market Hypothesis (EMH) seems to be dead among many people in finance these days. Because of the all the turmoil in recent months, people believe that the markets cannot be trusted, and they start having more faith in other theories, such as ... DumbAgent.com - dumbagent.com · 1 reference |
Do taste and smell adjectives signal value, or do they create it? share 2 days ago by Robin Goldstein We may disagree about our favorite artists and musicians, but it’s relatively easy to agree that a particular color is blue, or that a particular note is C-sharp. They’re described by wavelengths and frequencies along a clearly defined spectrum. That’s why the technologies of visual and auditory rep ... Blind Taste / Robin Goldstein - blindtaste.com · Rank: 57,216 · 12 references |