Category Archives: Tyler Cowen is my Favorite Blogger

Estimating consumers’ surplus from information goods

Erik Brynjolfsson, Avi Gannamaneni, and Felix Eggers have a paper on the topic. From the abstract: We explore the potential of massive online choice experiments to measure consumers’ willingness to accept compensation for losing access to various digital goods and … Continue reading

Posted in business economics, Information Goods, statistical methods, Tyler Cowen is my Favorite Blogger | 4 Comments

Try competing with Facebook

Tyler Cowen writes, I would instead start with the sentence “Most Americans don’t value their privacy or the security of their personal data very much,” and then discuss all the ways that limits regulation, or lowers the value of regulation, … Continue reading

Posted in business economics, Libertarian Thought, Tyler Cowen is my Favorite Blogger | 15 Comments

The libertarian non-moment (Kevin Williamson)

Kevin Williamson writes, But “libertarian” often means little more than “a person with right-leaning sensibilities who is embarrassed to be associated with the Republican Party.” (Hardly, these days, an indefensible position.) Libertarian sensibilities are popular because they enable the posture … Continue reading

Posted in Politics, Tyler Cowen is my Favorite Blogger | 9 Comments

The narrative of a gender war

Tyler Cowen offers it. I am struck by a recent poll by the Pew Research Center. Millennial women, defined as the group born between 1981 and 1996, favor Democrats by an extraordinarily large 47 percentage points. Millennial men also lean … Continue reading

Posted in Tyler Cowen is my Favorite Blogger | 11 Comments

The game of business strategy

Greg Lewis says, Sellers on eBay don’t quite know what gets them to the top of the search results in response to a query, but as they discovered when they made free shipping something that pushed you way up the … Continue reading

Posted in business economics, Tyler Cowen is my Favorite Blogger | 6 Comments

Health care prices and quantities

Irene Papanicolas, Liana R. Woskie, and Ashish K. Jha write, The United States spent approximately twice as much as other high-income countries on medical care, yet utilization rates in the United States were largely similar to those in other nations. … Continue reading

Posted in Economics of Health Care, Tyler Cowen is my Favorite Blogger | 7 Comments

Me vs. Nassim Taleb

As Tyler Cowen noted, Taleb takes on some of his reviewers. In a comment, I took on Taleb when he wrote the variance within forecasters is smaller than that between forecasts and out of sample realizations. He saw it as … Continue reading

Posted in books and book reviews, statistical methods, Tyler Cowen is my Favorite Blogger | 15 Comments

Aggregation, not paywall AI, is the answer

Shan Wang writes, The [Wall Street] Journal has found that these non-subscribed visitors fall into groups that can be roughly defined as hot, warm, or cold, according to Wells. Those with high scores above a certain threshold — indicating a … Continue reading

Posted in business economics, Information Goods, Tyler Cowen is my Favorite Blogger | 10 Comments

Road to Sociology Watch

From The Economist A similar study of American economists by Ms May and others also found men more sceptical of government regulation, more comfortable with drilling in the Arctic National Wildlife Refuge, and more likely to believe that a higher … Continue reading

Posted in Economic education and methods, Tyler Cowen is my Favorite Blogger | 9 Comments

I heart John Van Reenen

That’s going too far, but, hey, it is Valentine’s day. And I appreciate what he has to say. The large, persistent gaps in basic managerial practices that we document are associated with large, persistent differences in firm performance. Better-managed firms … Continue reading

Posted in business economics, Tyler Cowen is my Favorite Blogger | Comments Off