Re: Economic anamolies and Kuhn

2003-01-30 Thread AdmrlLocke
In a message dated 1/30/03 6:17:40 PM, [EMAIL PROTECTED] writes: >Can someone provide me an example of an anamoly from the recent history >of >economics that led to a fundamental change in economic theory? > >Fabio I don't know if this qualifies, but when I learned Macro back in 1978 the neo-K

Re: trend grading policies

2003-01-30 Thread AdmrlLocke
In a message dated 1/30/03 6:19:06 PM, [EMAIL PROTECTED] writes: >This is a good point. But it can be handled by giving the midterm less >weight to begin with. You have an argument for giving a midterm a lower >weight, but not a variable weight. And I do give the midterm lower >weight. Indeed

Re: Economic anamolies and Kuhn

2003-01-30 Thread john hull
Assymetric information? Lemon car markets & whatnot? (Signalling models?) How fundamental is fundamental? There is a game theory text that assumes a certain amount of irrational behavior to obtain its results. I can search the closet if you want. Sorry I'm not more helpful, jsh --- fabio

Economic anamolies and Kuhn

2003-01-30 Thread fabio guillermo rojas
I'm teaching a course on the sociology of science and we read Kuhn's structure of scientific revolutions. FYI, Kuhn says that science is characterized by "paradigms" - most science works from basic assumptions justified by "model achievements." Scientific change occurs when anamolies - observation

Re: trend grading policies

2003-01-30 Thread Bryan Caplan
[EMAIL PROTECTED] wrote: >I hope the particular economics course, industrial organization, is > of the second type. If so, trend grading would be worthwhile. By trend > grading I mean weighting assignments late in the semester heavier > or "bumping up grades if students are improving." Further

trend grading policies

2003-01-30 Thread pmccann
I believe this is topical; it was sparked by the pronoucement of the grading policy for an economics course by an economics professor on this list. He said that if one gives better grades to those who do well in the end of the semester, one simply discriminates against those who work hard

Re: Bubblemania

2003-01-30 Thread AdmrlLocke
In a message dated 1/30/03 8:30:04 AM, [EMAIL PROTECTED] writes: >Thanks for the accurate data. Elsewhere, I have read that the pre-war >baby > >bust began in the mid-1920's--before the great depression--and so could >not > >have been entirely a result of the difficult times of the '30's. If i

Fw: Heritage of humanity

2003-01-30 Thread Alypius Skinner
"The saga of the human genome project proves that publicly financed science is extremely effective because it is so intensely competitive. The project's success also refutes the widespread notion that only private industry is capable of carrying out large-scale research."  http://mondediplo

Re: SUVs

2003-01-30 Thread Alex T Tabarrok
the best piece I have seen on these issues is in Regulation. Here http://www.cato.org/pubs/regulation/regv24n1/coate.pdf Alex -- Alexander Tabarrok Department of Economics, MSN 1D3 George Mason University Fairfax, VA, 22030 Tel. 703-993-2314 Web Page: http://mason.gmu.edu/~atabarro/ and

Re: Bubblemania

2003-01-30 Thread Alypius Skinner
Thanks for the accurate data. Elsewhere, I have read that the pre-war baby bust began in the mid-1920's--before the great depression--and so could not have been entirely a result of the difficult times of the '30's. If it isn't too much trouble, can you either confirm or disconfirm this claim?~A

Re: SUVs

2003-01-30 Thread john hull
--- [EMAIL PROTECTED] wrote: "Does anyone know if SUV owners drive more recklessly than they would if they had a smaller and/or lighter vehichle and if this causes more accidents in the way that Peltzman found that seatbelts caused more accidents?" I've heard that they tend to drive the way one wo

Re: SUVs

2003-01-30 Thread wbutterfield
Don't see why they wouldn't. I mean, they're proven to lower death/injury rates resulting from collisions. Economic theory would have to say yes. But no, I haven't seen a formal study on this. If you think of a way to go about it let me know. -Bill William M. Butterfield Analyst MultiState A

RE: SUVs

2003-01-30 Thread Susan Hogarth
Cyril writes: <> Can't help with your question, sorry. But did you really mean to say that 'seatbelts cause more accidents'? That seems like an odd way of putting it! Susan Hogarth Triangle Beagle Rescue of NC www.tribeagles.org [EMAIL PROTECTED]