Tipping heuristics

April 28, 2010 | dan

INCREDIBLY SIMPLE CALCULATIONS MADE SIMPLE Yes, we all know how to calculate 15% or 20% exactly, but it’s fun to use tipping heuristics and even more fun to make crowded graphs of how they compare to each other. (Sorry for the junky chart. Open for suggestions, in the words of Tom ... [Read more...]

Score with scoring rules

July 21, 2009 | dan

INCENTIVES TO STATE PROBABILITIES OF BELIEF TRUTHFULLY We have all been there. You are running an experiment in which you would like participants to tell you what they believe. In particular, you’d like them to tell you what they believe to be the probability that an event will occur. ... [Read more...]
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