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Great insight. I had the great fortune to take a course with Gary Becker where we went into some of the mathematics of college admissions. He made this precise
by ChicagoBoy11 11y ago
Great insight. I had the great fortune to take a course with Gary Becker where we went into some of the mathematics of college admissions. He made this precise point -- the variances of the particular populations you are looking at matter a great detail. He managed to build some pretty convincing models which provided a compelling narrative for "biases" that we seemed to observe in the real world, all with simple changes to the distributions of populations. Great comment.
- WildUtah 11y agoI had the great fortune to take a course with Gary Becker Lucky you. He was great. I never had the chance to take a class from him but it would have been worth a Chicago winter to have the chance.
- ChicagoBoy11 11y agoSecond-best: https://www.youtube.com/watch?v=QajILZ3S2RE&list=PL9334868E7A821E2A https://www.youtube.com/watch?v=QajILZ3S2RE&list=PL9334868E7... (I took this very class the year prior)