Friday, February 10, 2012

when academics need to take a step back

Ivory towers are well known to have a distorting effect on academics' relationship to reality. Even so, the occasional study seems so distorted it deserves special note:

Trial by Battle, Peter Leeson, Journal of Legal Analysis, Spring 2011

Abstract: For over a century England's judicial system decided land disputes by ordering disputants' legal representatives to bludgeon one another before an arena of spectating citizens. The victor won the property right for his principal. The vanquished lost his cause and, if he were unlucky, his life. People called these combats trials by battle. This paper investigates the law and economics of trial by battle. In a feudal world where high transaction costs confounded the Coase theorem, I argue that trial by battle allocated disputed property rights efficiently. It did this by allocating contested property to the higher bidder in an all-pay auction. Trial by battle's "auctions" permitted rent seeking. But they encouraged less rent seeking than the obvious alternative: a first-price ascending-bid auction. (italics mine)

Why, oh why, Peter would you bother to argue such a thing?

Monday, February 6, 2012

recent research

Keeping up with Kevin Lewis' log of recent research:

Tuesday, January 10, 2012

nice guys vs. jerks and representativeness

"Nah, I can't wear my glasses out. They make me look nice - and everyone knows girls don't want to date nice guys. Women like the bad boys."

This is my neighbor Andrew giving me that tired, woeful explanation for the seeming success of jerks that so many New York men (nice and not nice) take as gospel. After recovering from the profound despair such misconceptions hurl me into - I pulled out a pen, grabbed a napkin and marshaled the teachings of Daniel Kahneman to set Andrew straight. I thought it a worthwhile service for the single women of New York to likewise educate other men:

Women don't like jerks. They do like cool, confident. Ask any woman. This is god's truth.

What confuses men off is what Kahneman calls the Representativeness Heuristic. Men (and, yes, women) don't tend to think like statisticians; instead we make categorizations based on correlations. (In their most insidious forms these categorizations are called prejudices, but usually they're less harmful.) Andrew, like many of his sex, was categorizing "bad boys" (or "jerks" as I'll call them) as "cool" and "nice guys" as "uncool."

Andrew's View


Now, Andrew isn't necessarily wrong about this categorization. Let's even say he's right: jerks do tend to be cool and nice guys uncool.

But that still doesn't mean women like jerks. What happens is that nonconfident, uncool guys (the kind of guys women don't, in fact, like) almost always are nice. This is so because they don't really have a choice; if you're unconfident and a jerk, you don't even get a first date. Cool, confident guys, however, have a choice: they can be nice guys or jerks.

Let's say that the world is made up of 50% confident guys and 50% nonconfident. To keep our model simple, assume all of the uncool guys will be nice guys, but that 50% of the cool guys will be nice and 50% will be jerks. You get the picture below.



You can see that most of the nice guys, yes, do happen to be uncool, while virtually all of the jerks are confident. Thus the misleading heuristic of "nice=uncool".

But don't be fooled, gents. Ladies will put up with the cool, confident jerks, but what we all want - and what I humbly recommend you aspire to be - is the cool, confident, nice guy.

Sunday, January 8, 2012

recent research

(Still) Catching up with Kevin Lewis' listing of recent research:

Sunday, December 25, 2011

recent research

(A lot of) Catching up with Kevin Lewis' log of recent research:

Saturday, December 24, 2011

my new favorite toy

Santa came early this year, pointing me to Gapminder, where international development geeks can visualize global economic and social trends til the heifers come home.

But it can also be fun for Ameri-centric users like me who are idly curious about, say, the average age women married in the US since 1800 or how much Americans drink compared to others...

To play too, be sure to click "visualize" next to your favorite indicators and then "play" the timeline. Enjoy!

Saturday, December 3, 2011

curmudgeons for democracy

Popular dissatisfaction with government is usually taken as a sign that democracy is dysfunctional.

But a new study by Edward Miguel and his colleagues, as he reports in Foreign Affairs, suggests just the opposite; critical citizens are the foundation of democratic government.

Miguel was trying to figure out what might be the connection between education and levels of democracy in developing nations. (Even though there's a correlation between the two, no one agrees if what the causal link is between the two - if any.) His research team set up a randomized study, giving education incentives to one a set of girls schools in Kenya, leaving another set with no incentives. After a number of years and a clear increase in test scores at the first set of schools, they went in to see how the young women's political attitudes may have differed. Most of the obvious assumptions didn't pan out: the better educated girls were not more pro-democratic and neither were they more likely to vote or be involved in civic organizations. There was one difference: they were more critical of their government.

The study of course didn't find (or even search for) evidence to demonstrate the other half of the causal link - that is, that more critical citizens are more likely to bolster democracy - but it makes intuitive sense and is fodder for more research. At a very basic level, citizens who don't question their government aren't going to push for any change, let alone democratic change. Of course, more than dissatisfaction is needed to propel people to become politically active (usually those characteristics are bundled together into what social thinkers call "political capital"). And, of course again, too much dissatisfaction can lead to complete disaffection (of the Ted Kazcinski or couch-potato variety). But Miguel's experiment is a good reminder to us in old, creaking democracies that a critical citizenry should never be wished away.