www.tiktok.com/t/ZP8bcHhj3/
Wait to the end. Demand for veterinarians. How much is someone willing to pay? #teachecon
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#teachecon
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It appears someone before me delivered a rather merry lecture — and left a touch of claret behind.
#TeachEcon
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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
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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...
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Good thing none of my Principles of Micro students don't follow me on here. Gotta great new exam question for tax incidence.
#TeachEcon
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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
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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
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Bei der Klausurkorrektur frage ich mich zum Teil echt, ob die Studis und ich im gleichen Kurs waren. #TeachEcon
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Please be kind and consider nominating someone in the junior and early career category.
@eeanews.bsky.social
eeassoc.org/education-co...
#EconSky #TeachEcon
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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
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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/
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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
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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
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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
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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
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A bit about my app that elicits your rank-dependent utility preferences using an adaptive algorithm
#EconSky #TeachEcon
jamesblandecon.shinyapps.io/RDUAdaptive/
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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
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Tonight's class in Economics for Everyone @thegraduatecenter.bsky.social is about a core principle of economics.
The case for free trade was made 200 years ago, and is based on David Ricardo's idea of comparative advantage.
#TeachEcon
milescorak.com/my-teaching/...
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My CRRA coefficient is 0.26. I made 40 decisions and eliminated 69.0% of the prior uncertainty. You can too: jamesblandecon.shinyapps.io/RiskAppAdapt...
#EconSky #TeachEcon #TeachBE
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Another app for estimating your risk preferences: jamesblandecon.shinyapps.io/RiskAppAdapt...
This one uses a greedy adaptive algorithm based on my working paper: papers.ssrn.com/sol3/papers....
#EconSky #TeachEcon #TeachBE
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Female and minority students are underrepresented in economics. This paper uses longitudinal data to compare persistence in economics for female and male/non-binary students, as well as minority-identifying and non-minority students, along with the potential role of identity-focused institutions (women’s colleges and minority-serving institutions) in shaping persistence in economics. Plans to persist in economics diminished over time, although less so for female students than male students and less so for minority students than non-minority students. This finding is contrary to previous research and suggests that efforts to improve representation in economics should focus on recruiting more underrepresented students because it seems that those underrepresented students who are already in the major are at least as inclined to persist as their white male counterparts. Women’s colleges and MSIs did not lead to significantly different changes in overall persistence.
📣New: “Persistence in Economics: Differences across Identities and Institutions.” w/Kristine West, Allen Bellas, Ming Chien Lo, Joy Moua, Natalie Chanlder, J Dombroski, Najma Hussein, Ayah Makled, Mollie Pierson. Advances in Economics Education #EconSky #TeachEcon www.elgaronline.com/view/journal...
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ESTIMATE MY RISK PREFERENCES!
jamesblandecon.shinyapps.io/RiskApp/
v0.0.6 now available.
This update includes
- A measure of choice consistency in the report
- The option to see the lotteries as pie charts. The bar chart option remains
#TeachEcon #TeachBE #EconSky
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ESTIMATE MY RISK PREFERENCES!
Another update, v0.0.5
- Now you get a CRRA coefficient, becuase they are more widely used
- Risk premium calculation instead of certainty equivalent
- Bland (2025) priors, becuase I like them
#EconSky #TeachEcon #TeachBE
jamesblandecon.shinyapps.io/RiskApp/
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