Friday , August 23 2019
Home / Jodi Beggs
Jodi Beggs

Jodi Beggs



Articles by Jodi Beggs

Economist Beverages Just Got A Major Upgrade…

July 6, 2018

[unable to retrieve full-text content]Economist Beverages Just Got A Major Upgrade…: Happy Friday! You will probably not find it surprising that I am into basically anything that combines economics, bad puns, and booze.

Read More »

Not to alarm you, but here’s a headline that’s been popping up a bunch:

June 14, 2018

[unable to retrieve full-text content]Not to alarm you, but here’s a headline that’s been popping up a bunch:: Forgive me, I forgot a title and can’t seem to take back my error…anyway, here’s some reading about the dangers of bad math as it pertains to housing affordability…the upside is that consequences for low-wage workers are less dire than a recent analysis suggests.

Read More »

I want to talk about an interesting overconfidence experiment…

October 7, 2017

I want to talk about an interesting overconfidence experiment that one of my professors subjected us to back in the day…
So the deal is that you are given 10 numbers you are supposed to come up with guesses for, say like the current Wal-Mart stock price (you’re not allowed to check), the number of jelly beans in a jar, whatever. More specifically, you’re asked to come up with a “90% confidence interval” as your guess- in other words, give a range where you think the real number is going to be in that range 90 percent of the time. (Yes, this is a slight abuse of the typical definition of “confidence interval,” and no, I do not want an email about it. =P)
What usually happens is that when the actual numbers are revealed, most people see that their success rate was far less than 90

Read More »