behavioural economics & a place to bring science and literature together

  • MYHRVOLD: But in the case of the flight insurance, what is the problem you are trying to solve?
    THALER: The question is, if people are doing something stupid, which is buy this policy, it could be that they are buying it because they know it is going to prevent the plane from crashing.
    MYHRVOLD: Or is it peace of mind. It’s a little bit like saying, are you also going to be asking, how can markets solve escapist fiction? Religion? Tell me how you are going to solve religion and I’ll be interested.
  • Awesome site that brings together science and fiction. Could there also be a design, fiction and science amalgamation. Sth like LabDes?

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