oli5679

47 ms·

421.
Seminar with Kenneth Arrow(youtube.com)
1 points by oli5679 10y ago|0 comments
422.
Why I’m a Universal Basic Income skeptic, especially for poor countries(chrisblattman.com)
3 points by oli5679 10y ago|0 comments
423.
by oli5679 10y ago
Your first point is interesting. People gloss over how disruptive the industrial Revolution was, and the downward pressure it put on the wages of farm workers. I'm not convinced by your second one. Why didn't states like Portugal
424.
Data Selfie – Chrome extension showing how Facebook infers what content you see(chrome.google.com)
2 points by oli5679 10y ago|0 comments
425.
by oli5679 10y ago
Does anyone have any advice from where to go after beginner/intermediate python? I can hack together a program with the functionality I want, but frequently it's pretty verbose and the architecture gets creaky as the complexity in
426.
by oli5679 10y ago
The trade I'm interesting is simultaneously shorting Tesla and Daimler. Sceptics emphasise the difference between Tesla's market cap (£40 bn) vs its current sales (75,000) and profits (close to -$1bn). I can imagine a state of th
427.
Announcing the first SHA1 collision(security.googleblog.com)
2 points by oli5679 10y ago|1 comments
428.
by oli5679 10y ago
Two of his interesting contribution were his Arrow-Pratt measure of risk aversion, which is invariant to affine transformations (so consistent with revealed preference) and his Arrow-Debreu general equilibrium proof. Both are quite intuitiv
429.
by oli5679 10y ago
Interesting idea this is.
430.
by oli5679 10y ago
It would be great if Microsoft integrated native R/Python into Excel.
431.
Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade(nber.org)
1 points by oli5679 10y ago|0 comments
432.
by oli5679 10y ago
I found this entertaining, even if they did later admit that it was a hoax: http://serverfault.com/questions/587102/monday-morning-mista...
433.
by oli5679 10y ago
Baumol's model is interesting. It's definitely part of the story. It seems that there are other factors at play as well though. Scott shows that wages haven't risen as fast as costs in many of the problem sectors, and that th
434.
by oli5679 10y ago
I think he's trying not to be too opinionated about the cause of the problem, mainly highlighting that the problem exists. Amongst people who are aware of cost-disease, conservatives and libertarians normally see the cause as excessiv
435.
by oli5679 10y ago
Suppression of median wages is possible if the tech is particularly complimentary to workers at the top of the earning distribution.
436.
Academic publishers make Murdoch look like a socialist (2011)(theguardian.com)
2 points by oli5679 10y ago|0 comments
437.
by oli5679 10y ago
It's important to distinguish between researchers, reviewers/editors and publishers. The academics who write a paper or make the decision to include it in a journal typically aren't paid. They benefit from the prestige signal
438.
by oli5679 10y ago
Does anyone know of any activity in this space by YC? The largest journal publisher, Elsevier Reed, has revenue of £5.9 Bn and 17% net margin [1]. Seems like there could be some interesting (and socially valuable) scope for disruption. [1]
439.
Tim Gowers – Elsevier journals – some facts (2014)(gowers.wordpress.com)
3 points by oli5679 10y ago|0 comments
440.
Open Journal Systems – Open Source Journal Management and Publishing(pkp.sfu.ca)
75 points by oli5679 10y ago|9 comments
441.
by oli5679 10y ago
I think you have to have a really high standard of evidence for predation, because the cost of intervention to adress false positives (efficient firms undercutting incumbents) is so expensive. Think about the short run consumer harm that wo
442.
by oli5679 10y ago
In case anyone wants a primer on the prisoner's dilemma: Suppose both you and a partner get arrested whilst trying to rob a bank. Without a confession from one of you, the police can only convict you of a minor offense (say trespassing
443.
US Small Business Optimism Index rose dramatically in December(nfib.com)
2 points by oli5679 10y ago|0 comments
444.
How bundling benefits sellers and buyers(cdixon.org)
1 points by oli5679 10y ago|0 comments
445.
by oli5679 10y ago
So the money either goes to government or the telcos' employees and shareholders. It's a valid goal for the government to attempt not to undersell the asset, but as you say it's primarily a transfer. If you want an example th
446.
by oli5679 10y ago
Game theory gave us minimax, which is a major part of any top chess engine. https://en.m.wikipedia.org/wiki/Minimax
447.
by oli5679 10y ago
EU economies auctioned off 3G spectrum at the same time. The ones with sloppily designed allocation rules raised far less money (controlling for GDP).
448.
by oli5679 10y ago
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.142...
449.
by oli5679 10y ago
Auctions are good example of a domain where game theory (and reverse game theory or mechanism design) often makes useful predictions and has practical influence. Google and Facebook use mechanisms that approximate the VCG allocation rule fo
450.
Ha-Joon Chang: The net isn't as important as we think(google.co.uk)
1 points by oli5679 10y ago|0 comments

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