"ohoho we demonstrated that some stylized axioms of behavior dont actually hold in ever situation in reality" yes we know everyone knows it doesnt matter
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i think not all of it is obvious ex ante + purely marginal - e.g. gautam rao's development/behavioral work is good at showing things like benefits to school programs/credit cards in developing countries hard to generalize but valuable by way of building consensus abt programs
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Replying to @decadantism @eigenrobot and
my levitt take is yeah he's obnoxious and it's annoying that he made a bunch of money without really contributing anything but maybe it got more people interested in economics and curious about incentives, which is probably on-balance good
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im pro-gatekeeping tho and this is a classic case in point a generation of economists has been wasted on this garbage
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glaeser once said something to the effect of "game theory is so mathematically clean that it attracts far too many economics, on balance, than should be studying game theory" i think this is certainly true about behavioral but think the hype by now has died down sufficiently
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yeah that's also true of game theory dead end econ should actually be doing scaled data work but instead everyone is wasting time p-hacking with more steps hate it
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Replying to @eigenrobot @decadantism and
honestly insane that econ/game theory papers aren't all just oh yea we used BigQuery to churn through all the data in 2 mins
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Replying to @alth0u @decadantism and
there are some of these, kind of susan athey does very good ML work also some people at Amazon but they keep the good stuff to themselves last time I checked AMZN employed >250 econ phds
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Replying to @eigenrobot @alth0u and
there are actually some good phds that do this via a few small consulting firms although mostly it’s IO for large internet companies great stuff i have a few friends there
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Replying to @decadantism @eigenrobot and
also uber/lyft work w economists to do some cool work and i know there’s some great work in the pipeline they collect *way* more data about rides than people realize
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hahahaha yeah some of my friends turned down Uber work (for bad reasons, I think they're fine and it would have been fun) very uneven tho i was an economist at another tech firm and their work was not good, very very not good. basically woke PR and GR
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