Photo: dmytrok, flickr.com hen Delta overbooks a flight, they let their passengers decide how much getting bumped is worth. I discovered this last week when I checked in online for my flight from Minneapolis to Philadelphia. What was the minimum I was willing to accept in travel vouchers to take a later flight — $500, $300, […]
ow much does a CEO make compared to the average worker? If you’re like most Americans (many economists included), you probably have an estimate in your head that roughly translates as “too much.” Pressed for a number, you might come up with a figure around 30 to 1. That’s a lot. Far more than what Americans […]
A selection of recent behavioral science news, articles, and resources of note: The World Bank launched its own behavioral science team, officially titled the Global Insights Initiative (GINI). The announcement follows the publication of their World Development Report 2015: Mind, Society, and Behavior late last year, which described how behavioral science can inform policy and […]
magine you’re just one number away from winning the lottery. The final number is called, and it’s not a match. Or imagine spending your whole life preparing for one race at the Olympics. You cross the finish line and look to the scoreboard only to see you were beat by milliseconds. How do we deal […]
A selection of recent behavioral science news, articles, and resources of note: Hundreds of researchers from around the world spent the last three years trying replicate 100 studies from three top psychology journals. Their success rate was 39 percent. While at first blush this seems to reflect badly (really badly) on psychology, as Ed Yong […]
A selection of recent behavioral science news, articles, and resources of note: The Atlantic published a litany of troubling statistics this month about the rate of fraud and error in science. Nature reported mass retractions—some 64 articles in 10 journals. Then there’s the hoard of psychology studies that can’t be replicated. This is hardly a […]
