Wealth

The most surprising bit of information I learned during the Prediction X interview with Professor Stuart Firestein is that experiments are conducted at different rates in different fields of scientific study. I found it intriguing that Professor Firestein explained that experiments in Chemistry and

When I watched David Laibson's interview, there were two main questions in the back of my head that I wish I could ask him. First, it would be if behavioral economic models introduce any layer of complexity beyond a traditional economical model. This could be both through the addition of inputs, o

Last summer, I took Ec 10A and 10B, the introductory economics course taught by Professor David Laibson and like he said we mostly studied rules and theories based on a more deterministic and rational view of humans that allow us to creat steadfast explanations that we can follow to predict what may

I particularly resonated with your discussion of creating plans to perform tasks that you are likely to procrastinate. Adding intentionality to performing tasks through an outside accountability source makes people more likely to follow through with their plans. What are the deeper psychological mec

This is a question about the David Laibson Video . The question I would ask was sparked by a quick diversion that the conversation took. He mentioned that the stock market is a combination of many peoples forecasts and predictions. But, he mentions that there isn’t enough data to incorporate machin

In David Laibson's interview, he mentions the idea of Occam's razor in assessing how likely a theory or explanation is to be correct. I thought it was interesting because our models have a tendency to get progressively more complicated with time, when we introduce even more subtleties in the model

This is a post for the David Laibson Video . The thing that stood out to me as very interesting is his thoughts about hybridization of the simple Occam’s razor type models with the more complicated machine learning predictive models. Earlier in the interview, he mentioned that it is likely that som