It sounds like a boring topic, but air conditioning is more important than you realise.

First: there are 2 billion air con units in the world and they account for 10% of all electricity we use.

Second: it has revolutionised architecture and totally reshaped global politics...

Are consumers harmed when firms price discriminate against them? The authors study how this depends on the prevailing level of search frictions and the degree of consumer sophistication. The establishment of a right to anonymity can benefit all consumers.

Summer School on Recent Advances in Mechanism and Information Design:

The CRC's Summer School 2024 will take place in Annweiler (Germany) on August 19-23. You can find the registration and the call for applications on our website: crctr224.de/events/summer-…

Today I've gone through the same one-giant-page computation 3 times. Each time, I got a different result, each time totally plausible, each time contradicting a lower bound I've already proven – each time in a different way.

Today was a good day.

I applaud that editor. I believe there is a bias in editorial decisions in econ journals in favor of papers that “look hard” to produce. Degree of difficulty should be used to judge gymnastics and figure skating, not scientific contributions.

I recently shared an experience I had with a journal and was encouraged to share the decision letter more broadly. For the youngens who still get frustrated, this same paper was rejected by the QJE (a more appropriate 'home' given the style.) It's always a lottery!

People need to start saying “I don’t know” a lot more.

#Actualidad | Crisis en U. Rosario: profesores y alumnos en incertidumbre por gestión del rector Cheyne → wradio.com.co/2024/04/08/cri…

Just recalled an exchange with Daniel Kahneman.💔

Shane: 'What is the most important trait for becoming a successful academic?'

Danny: 'The ability to exaggerate the importance of your research.'

Congratulations to Philipp Strack of Yale University University, winner of the 2024 John Bates Clark Medal! aeaweb.org/about-aea/hono…

economists rn

Prof. Ethan Bueno de Mesquita has been appointed dean of the The University of Chicago Harris School of Public Policy, President Paul Alivisatos and Provost Katherine Baicker announced. Read more about @Ethanbdm's appointment at harris.uchicago.edu/news-events/ne…

'Confidence and Organizations' is now available: crctr224.de/research/discu…

Miscalibrated beliefs can compromise the quality of workers' decisions. However, organizations may benefit from such biases when their members disagree about the right course of action.

White Man Privilege 101. Per Columbia University 's Jeffrey Sachs, there are first-class peoples who have a right for life, liberty, and pursuit of happiness in a secure environment, and there are second-class peoples whose purpose on Earth is to be 'buffer zones'.

1/ Absolutely riveting interview between Jon Hartley and @freakonomics’ Steve Levitt. One thing that comes across strongly is Steve’s modesty and humility.

podcasts.apple.com/us/podcast/ste…

'In some labs, the culture fosters a dynamic where students who produce desired results are favored, regardless of quality of the work or even research integrity' kamounlab.medium.com/whats-a-toxic-…

``This paper studies the survival of millions of microenterprises amid competition from larger and more productive firms.''

From Miguel Angel Talamas Marcos (Miguel Talamas):

restud.com/surviving-comp…

I created a virtual adviser that uses scholarly research to provide insights on personnel & organizational matters, including incentive design, employee screening, recruiting, training, monitoring, and retention practices, and DEI and remote-work policies.
chat.openai.com/g/g-Zs323kPtm-…

An important statement on the latest tea controversy. 🇺🇸🇬🇧