Tag Archives: economic science

Money does not motivate humans… – [VIDEO]

Posted on August 9, 2010 by Chris F. Masse

Higher incentives lead to worse performances: For cognitive tasks: AUTONOMY + MASTERY + PURPOSE.

Posted in Economics, Psychology | Tagged autonomy, economic science, Economics, incentives, mastery, Money, motivations, performances, Psychology, purpose | Leave a comment

Chief Economists = PR People

Posted on August 1, 2010 by Chris F. Masse

“This is why economists are always on TV and not in boardrooms.”

Posted in Economics | Tagged chief economists, economic science, Economics, economists, marketing, PR, press relation | Leave a comment

Nobel Prize for Economics 2009 — Prediction Accuracy

Posted on October 12, 2009 by Chris F. Masse

The Royal Swedish Academy of Sciences has decided to award The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel for 2009 to Elinor Ostrom “for her analysis of economic governance, especially the commons” and Oliver E. Williamson … Continue reading →

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Market Expiry, Market Prices & Probabilities | Tagged 2009 Nobel Prize for Economics, 2009 Sveriges Riksbank Prize in Economic Sciences, accuracy, bookmakers, economic science, economic sciences, Economics, Elinor Ostrom, inkling markets, Ladbrokes, Nobel Prize for Economics, Oliver E. Williamson, Oliver Williamson, prediction accuracy, prediction market, prediction markets, Prediction Post-Mortem, Sveriges Riksbank Prize in Economic Sciences | 18 Comments

Nobel Prize for Economics 2009 Predictions

Posted on October 9, 2009 by Chris F. Masse

The 2009 Nobel prize for economics (2009 Sveriges Riksbank prize in economic sciences) will be awarded on Monday, October 12, 2009. 1. Bookmakers Ladbrokes’s probabilities (odds) for the 2009 Nobel prize in economics: Eugene Fama 2/1 Paul Romer 4/1 Ernst … Continue reading →

Posted in Betting, Collective Forecasting, Economics, Exchanges & Markets, Market Prices & Probabilities, Predictions - Forecasts | Tagged 2009 Nobel Prize for Economics, 2009 Sveriges Riksbank Prize in Economic Sciences, bookmakers, economic science, economic sciences, Economics, Elinor Ostrom, inkling markets, Ladbrokes, Nobel Prize for Economics, Oliver E. Williamson, Oliver Williamson, prediction market, prediction markets, Sveriges Riksbank Prize in Economic Sciences | Leave a comment

Robin Hanson: My best idea was prediction markets.

Posted on June 29, 2009 by Chris F. Masse

Robin Hanson‘s auto-biography (i.e., how Our Master Of All Universes views HimSelf): – Robin Hanson: Do you find it hard to summarize yourself in a few words? Me too. But I love the above quote. I have a passion, a … Continue reading →

Posted in Collective Decision Making, Collective Forecasting, Exchanges & Markets, History, People | Tagged academia, academics, auto-biographies, betting markets, biographies, bios, Collective Decision Making, Collective Forecasting, collective intelligence that predicts, economic science, Economics, economists, event derivative markets, event derivatives, forecasting, forecasts, George Mason Univeristy, idea future markets, idea futures, idea futures markets, Our Master Of All Universes, Policy Analysis Market, predicting, prediction markets, Predictions, professors, research scientists, researchers, Robin Hanson, scholars, tenure, universities | 3 Comments

Are prediction markets really useful to you?

Posted on May 27, 2009 by Chris F. Masse

An open letter to Prof Panos about Midas Oracle: My Dear Honorable Prof Panos, I am no “stupid“. As I stated, Midas Oracle will publish both the good and the bad about prediction markets. The scientific view is indeed that … Continue reading →

Posted in Midas Oracle Administration | Tagged economic science, Economics, Midas Oracle, prediction markets, Science | 3 Comments

The Nobel committee reads Midas Oracle.

Posted on October 13, 2008 by Chris F. Masse

Less than one month after I told the world that Paul Krugman is the best read when it comes to the credit, financial and economic crisis… they give him the Nobel prize in economic science. P.S.: Politically, I am not … Continue reading →

Posted in Economics, Politics | Tagged economic science, Economics, Nobel Prize in Economic Science, Nobel Prize in Economics, Paul Krugman | 5 Comments

Is Justin Wolfers part of the open-science movement?

Posted on August 21, 2008 by Chris F. Masse

Boston.com At times, Justin Wolfers posts raw data on Freakonomics to tease the other economic researchers.

Posted in Economics, Science | Tagged economic research, economic science, Economics, Justin Wolfers, open science, prediction markets | Leave a comment