This is part 1 of a two-part series. First we explain loss aversion and how it’s distinct from the endowment effect. (Spoiler: loss aversion is a generalization of the endowment effect.) Asking Google how those things are different currently yields a fog of opaque logorrhea, so we hope this is... »
This is part 2 in a 3-part series. Part 1 defined Pareto dominance and Pareto-efficient software. I have some advice that now feels (to me, subjectively) too... »
Content note: I started writing a post announcing a (Pareto-inefficient) change to the pledge cap interface and realized I first needed a post about what we call the Pareto Dominance Principle. But before that we needed a post about Pareto... »
Special guest post by Scott Alexander of Slate Star Codex! This was originally published on LessWrong in 2012 but was in want of a better home. So it may be an exaggeration... »
This is crossposted on Mark Forster’s Get Everything Done blog. The big news in psychology this week is that Baumeister’s Ego Depletion model is bunk. At least it has failed to »
This is crossposted on Messy Matters. Let’s talk about science! Beehavioral science. A new study published in the New England Journal of Medicine last week has been all over the news. It’s much better than... »
You know how a lot of services offer things like one month free if you pay yearly? We were nerding out over the math of that and thought, why not generalize to compute the perfectly fair discount for paying at any frequency you like, including every infinity years, i.e., paying once for a lifetime subscription? Just pick... »
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