Working on another book chapter
#TeachEcon
A new chapter in my free online book 😀
"Some more extensions to the logit quantal response equilibrium model"
#TeachEcon #Bayes #EconSky
jamesblandecon.github.io/StructuralBa...
Working on a new chapter of my book!
In which I take a long-ish list of QRE models to Holt, Sahu, and Smith (2022).
#TeachEcon #TeachBE #EconSky
jamesblandecon.github.io/StructuralBa...
www.tiktok.com/t/ZP8bKECB2/
The production function. #teachecon
www.tiktok.com/t/ZP8bKTbTt/
Just because you have a product doesn’t mean you’ll make a living from it. Markets are supply AND demand. Modern advertisers are very sophisticated at not only identifying markets, but creating markets. #teachecon
In our latest case study, Yuzuru Kumon (University of Manchester) describes integrating the “meta-competence of learning to learn with GenAI” in economic history assignments while discouraging plagiaristic use and marking group-work fairly. #eduSky #TeachEcon economicsnetwork.ac.uk/showcase/kum...
www.tiktok.com/t/ZP8bcHhj3/
Wait to the end. Demand for veterinarians. How much is someone willing to pay? #teachecon
It appears someone before me delivered a rather merry lecture — and left a touch of claret behind.
#TeachEcon
Having learnt today that my early-twenties students consider a ten-egg omelette an entirely reasonable breakfast, I am now persuaded that the elevated price of eggs is rather less about supply shortages and rather more about exuberant demand.
#TeachEcon
Developing two multiplayer games for use in teaching, Frank Strobel used Claude AI to generate the code, his own input focusing on pedagogical design and testing. The process is rapid, cheap, and results in a game tailored to the course. #TeachEcon #EduSky economicsnetwork.ac.uk/showcase/str...
Good thing none of my Principles of Micro students don't follow me on here. Gotta great new exam question for tax incidence.
#TeachEcon
AI has a significant impact on the bladder and bowel activity of our students. 😜😉☺️ #TeachEcon
AceleOnline is currently highlighting important research and contributions to economics education. This week, we are highlighting Cornell's Doug McKee and two projects he has undertaken with colleagues to help change norms in economics teaching. #teachecon
www.econhappyhour.com/p/doug-mckee
We like classroom experiments! Atisha Ghosh and Maria Psyllou describe a classroom experiment based on the Tragedy of the Commons, where students manage a shared resource and must balance individual incentives with collective sustainability. economicsnetwork.ac.uk/showcase/gho... #TeachEcon
Bei der Klausurkorrektur frage ich mich zum Teil echt, ob die Studis und ich im gleichen Kurs waren. #TeachEcon
Please be kind and consider nominating someone in the junior and early career category.
@eeanews.bsky.social
eeassoc.org/education-co...
#EconSky #TeachEcon
Muy recomendable: una reflexión oportuna sobre el papel de los TFG, que no solo plantea buenas preguntas sino que también ofrece propuestas concretas para mejorarlos.
#EconSky #TeachEcon
v0.0.6 is here with some somewhat major adjustments to what goes on behind the scenes
1. A better measure of how much uncertainty you've resolved
2. Grid search for the best lottery pair (this is more robust)
#TeachEcon
jamesblandecon.shinyapps.io/RDUAdaptive/
First week with a no devices policy in one of my lectures. The students were not horrified. A few even seemed pleasantly surprised by the analogue experience. The print centre and I, meanwhile, appear to be entering a close and mutually beneficial relationship this semester.
#TeachEcon
Another shiny app. This one helps you see the implications of selected hyper-priors in a hierarchical model.
It probably has an audience of about four people, one of whom is me, but it is something I worry about a lot.
jamesblandecon.shinyapps.io/CalibrateMyH...
#TeachEcon #EconSky
v0.0.4 is up and running!
This is a major change to what goes on behind the scenes.
1. My dodgy MH sampler replaced with R's adaptMCMC functions
2. Fewer samples used to evaluate the objective function
jamesblandecon.shinyapps.io/RDUAdaptive/
#TeachEcon
My CRRA coefficient is 0.10. My probability weighting function evaluated at 50% is 66.2%. I made 50 decisions. Estimate your rank-dependent utility preferences here: jamesblandecon.shinyapps.io/RDUAdaptive/
#TeachEcon #EconSky
A bit about my app that elicits your rank-dependent utility preferences using an adaptive algorithm
#EconSky #TeachEcon
jamesblandecon.shinyapps.io/RDUAdaptive/
My CRRA coefficient is 0.20. My probability weighting function evaluated at 50% is 82.3%. I made 49 decisions. Estimate your rank-dependent utility preferences here: jamesblandecon.shinyapps.io/RDUAdaptive/
#EconSky #TeachEcon #TeachBE