Upcoming seminars of potential interest at Columbia
Monday, Nov. 30
12.10-1.30, Schermerhorn 200C (Psych Dept Cognitive Lunch)
Franco Pestilli (Columbia Medical Center)
"Neural signature of attentional selection early in human visual cortex"
2.40-4.00, Schermerhorn 200C (Psych Dept Social Snack)
Baruch Eitam (Columbia University)
“Will two walk together, except they have agreed? Motivation and implicit learning”
Tuesday, Dec. 1
12.30-1.45, Uris 331 (Management Division Seminar)
Mary A. O'Sullivan (U. Penn)
“Merchants Go to Market: Finance and Strategy in the Development of the US Retail Industry 1885-1930”
2:15-3:45, Uris 306 (I.O., Organizations, and Strategy)
Volker Nocke (Oxford; visiting Northwestern)
"Vertical Relations under Credit Constraints" (with John Thanassoulis)
4:15-5:45, IAB 1027 (Money Macro Workshop)
Klaus Adams (U. Mannheim)
Upcoming seminars of potential interest at NYU
Monday, Nov. 30
4.15 p.m. 19 W. 4th St, Room 517 (Applied Microeconomics Workshop)
Basit Zafar (NY Fed)
"How Do College Students Form Expectations?"
Wednesday, Dec. 2
12.00 p.m. 44 W. 4th St, Room KMC 3-110 (Wednesday Finance Seminar Series)
Gary Gorton (Yale University)
4.00 p.m. 19 W. 4th St, Room 517 (Microeconomic Theory Workshop)
Benny Moldovanu (U. Mannheim)
"Optimal Search, Learning, and Implementation"
Thursday, Dec. 3
12.30 p.m. 19 W. 4th St, Room 517 (CESS Experimental Seminar)
Pedro Rey-Biel (Universitat Autònoma de Barcelona)
Weblinks of the week
By Tim Harford
Is more choice better? Ten years ago the answer seemed obvious: Yes. Now the conventional wisdom is the opposite: lots of choice makes people less likely to choose anything, and less happy when they do choose…Benjamin Scheibehenne, a psychologist at the University of Basel…(with Peter Todd and, later, Rainer Greifeneder)… began by trying to replicate some classic experiments – such as the jam study, and a similar one with luxury chocolates. They couldn’t find any sign of the “choice is bad” effect. There seem to be circumstances where choice is counterproductive but, despite looking hard for them, we don’t yet know much about what they are.
By Christopher Price
Decision theory actually influences real-world decision maker!
“Early in his career with the Patriots, Belichick acknowledged that when it came to his overall decision-making on whether or not to go for it on fourth down, he was able to draw some information from a paper written by Romer, an economics professor at Cal-Berkeley. Entitled “It’s Fourth Down and What Does The Bellman Equation Say? A Dynamic-Programming Analysis of Football Strategy,” the 33-page paper studied a number of NFL box scores over several years — as well as mathematical, statistical and economic factors — in trying to find out when it made sense to go for it on fourth down, and when to either kick a field goal or punt it away.”
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