On this blog we have talked about cost benefit pitfalls and white elephants, speculated on how (not) to lie with it, but also and more boringly we have discussed discount rates, cognition, opportunity costs, and the costs of inaction, all hoping to go back to the future. The focus of most of the Cost Benefit literature is on the estimation of the benefits side of the Cost … [Read more...] about It’s the costs, stupid
Kahneman
Chocolate and Nobel prizes, corruption, your favorite tweeters and more random Monday links
And now that Alvin Roth (see his blog) and Lloyd Shapley just received the Nobel Prize in Economics, the sweet link of the day: Chocolate Consumption, Cognitive Function, and Nobel Laureates It seems that we don’t know much on which anti-corruption policies are effective (or not), but crowd-mapping corruption with mobile phones has spread from India to Russia, Colombia and … [Read more...] about Chocolate and Nobel prizes, corruption, your favorite tweeters and more random Monday links