Abstract: “We study a new variant of the school choice problem in which capacities can be altered by distributing additional seats across schools in response to students’ reported preferences. We show that heuristics solutions to this capacity design problem can be inefficient, even if they focus on allocating seats to the most demanded schools. However, we introduce a simple myopic algorithm that characterizes the set of efficient matchings among those that respect priorities.”
Andrea Moro (Vanderbilt University) and myself have a new WP titled “Exclusion of Extreme Jurors and Minority Representation: The Effect of Jury Selection Procedures“. The latest version is available at: https://ssrn.com/abstract=3784830.
Abstract: “We compare two established jury selection procedures meant to safeguard against the inclusion of biased jurors, that are also perceived as causing minorities to be under- represented in juries. The Strike and Replace procedure presents potential jurors one- by-one to the parties, while the Struck procedure presents all potential jurors before the parties exercise vetoes. In equilibrium, Struck more effectively excludes extreme jurors than Strike and Replace but leads to a worse representation of minorities. Simulations suggest that the advantage of Struck in terms of excluding extremes is sizable in a wide range of cases. In contrast, Strike and Replace only provides a significantly better representation of minorities if the minority and majority are heavily polarized. The size of these effects quantitatively depends on parameters. When parameters are estimated to match the parties’ selection of jurors by race with jury-selection data from Mississippi in trials against black defendants, the procedures’ outcomes are substantially different, and the size of the trade-off between objectives can be quantitatively evaluated.”
“Beyond a few cases of outright misconduct, these practices are rarely done to deceive. They’re an almost inevitable product of an academic world that rewards scientists, above all else, for publishing papers in high-profile journals—journals that prefer flashy studies that make new discoveries over duller ones that check existing work. People are rewarded for being productive rather than being right, for building ever upward instead of checking the foundations. These incentives allow weak studies to be published. And once enough have amassed, they create a collective perception of strength that can be hard to pierce.”
I’ve had two very good years with the Department of Economic and Finance at Utah State University. It’s a great, growing department with lots of excellent and welcoming colleagues that I will miss. USU will always remain a special place for me and I certainly hope to be visiting Logan in the future.
Classquestion can be accessed from any browser, both on smartphones and on computers. I’ve tried it in class with my students and it works like a charm so far. There are still a couple of functionalities that could be added (such as the possibility to include a TA for your class, or a full-fletched and seamless Canvas integration), but it really does most of what IClicker does.
What is more: it is completely free and relies on a donation-based business plan.
So I figured I’d make a little donation and save my students the cost of IClicker. It’s hard to evaluate how much money that saved them because IClicker has different pricing schemes and students may use ICliker in different classes. But if students want to use the IClicker app, the cost is around $20 per year (cheaper options involve buying a remote, which to my knowledge do not expire, …. until a new version of the remote comes up and is required by a teacher). So I guess I saved my 100+ students a total of anywhere between $500 and $2000 this semester?
More and more, I use Latex as scratch paper, sometimes to develop numerical (counter-)examples. I often find it much cleaner and better organized than if I rely on actual pen and paper.
Numerical examples are usually a “back and forth” kind of business, with many moving parts. You have to find the numbers that “make it work here” without “changing things there”.
So finding the right combination of numbers often requires a lot of simple (but error-prone) calculations. In that matter too, Latex can save you time and prevent mistakes.
With pen and paper, you would usually (a) write down your arithmetic (e.g., (1/3)*57 + (1/4)*23 + (5/12)*20), (b) use a calculator or spreadsheet to perform the calculation, and (c) write down the result on your sheet of paper.
There are many ways to make mistakes and loose time in that process. As often, Latex offers a solution.
I am not a big fan of the last part of the talk that is too optimistic about randomized control trials and may make then look like some sort of panacea. RCTs have important limitations, especially when it comes to external validity. If you run enough of them, you are bound to find the kind of patterns Laura Arnold seems to criticizes using the 15 ingredients study (7:20 in the video). What works here now might not work there tomorrow. Eventually, you need structural models and sound theory to understand when a treatment works, and when it does not.
That’s the curse of the TED format. Arnold is somewhat critical of the format, but she has to fit in it. I am sure she and the organizations she advocates for know of the limits of RCTs. But there’s only so much you can say in 18 minutes if you want to conclude on an uplifting note.
Still, the overall message is very much worth spreading. It’s important to popularize notions like p-hacking and file drawer effect that rarely even make it into introductory statistics class. And it’s nice to see TED being a little critical of itself (or rather TEDx being critical of TED).
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