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  1. http://www.huffingtonpost.com/2011/0..._n_859388.html

    Doubt that mathematics can stand up to lobbyists and the courts tho...but one can dream of the return of rational thought.
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  2. Thanks. Can't wait to read the actual paper posted on NBER.
  3.  
    Originally Posted by TheMiltMan View Post

    http://www.huffingtonpost.com/2011/0..._n_859388.html

    Doubt that mathematics can stand up to lobbyists and the courts tho...but one can dream of the return of rational thought.

    Except rational thought has never really dominated at this point in human history. I would hope one day it does.

    p.s. Miltman you've been tearing it up for years just down the highway from me. Wish you had been more active all this time. GL.
     
  4. heres a link to the scholarly paper:
    http://pricetheory.uchicago.edu/levi...s/WSOP2011.pdf
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  5. Interesting methodology. Not very scientific, but a good empirical analysis nonetheless.

    I think a similar analysis based on online tournament results where there is a larger sample size and more readily available information would be interesting.
  6. Great to see levitt take this research up. He is one of the most respected economists. I highly recommend checking all of his work out via the book, the movie, as well as a podcast they produce once every two weeks or so.
     

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