So you think you deserve a pay rise? Beware self-serving biases

This is a guest post by Patrick Whittam, one of our undergraduate students of behavioural economics. If you wish to contact Patrick e.g. about internship opportunities etc. then please email david.comerford@stir.ac.uk and I will pass along your message. During December of 2022, I was forced to take a taxi instead of taking my normal train

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AI-megeddon – why survey designers are humanity’s unlikely saviors

AI vs. human conflict will result if AI has goals that differ from those of humankind. It follows then that expressing human preferences to machines accurately, precisely and unambiguously is vital. Survey designers are key to that project. The UK government blared an unprecedented alarm through the smartphones of its residents last weekend. Just weeks

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Our event on Expectations Formation and Elicitation

Keynote talk: How People Use Statistics by Nicolai Gennaioli We are very grateful to the excellent speakers who presented their work at this event and to the Royal Society of Edinburgh, whose Saltire Networking award made this event possible.

Market failure in the marketplace of ideas

Two recent papers present convergent evidence that the marketplace of ideas in academic economics is less than efficient: 1. Jorg Peters and co-authors show that comments published in the flagship American Economic Review are cited far less than the original research that they correct. Even when the authors of the original paper concede that the

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Workshop on Bounded Rationality with Mauro Papi and Steve Tucker

Someone wise once pointed out that the best noise a scientist can make is not “Eureka!” but rather “Hmmm… that’s odd”. On Monday Feb 20, we had two talks from two excellent guest speakers that both showed some intriguing results. The option to impose monetary punishments on freeriders has been shown to increase cooperation in

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