Tag Archives: legal failure

“Buy or bite?”

That is the title of my contribution to the upcoming book Economics of the Undead: Blood, Brains, and Benjamins, edited by Glen Whitman and James P. Dow. If you are into vampires, then read my essay, the latest draft of which … Continue reading

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Robin Hanson asks, “Why do bets look bad?”

prior probability really enjoys Robin Hanson’s blog Overcoming Bias and admire his cutting-edge academic work, especially his project on prediction markets. Recently, Hanson proposed a number of reasons why people might reasonably refuse to place bets to back up their beliefs. Although betting might not be … Continue reading

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