janshi

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The Death of Behavioral Economics

Here is a little detail I learned in behavioral finance class: you don’t need behavioral finance/econ to discover loss aversion. All you need is a rational utility maximizing agent in a standard neoclassical framework who has a concave utility function (such as LOG which is commonly assumed to model diminishing marginal utility). From this you see that the rational agent has more to loose from a one unit negative change than a one unit positive change i.e. loss aversion.

Benito's Shortform Feed

I did actually unfollow ~95% of my friends once but then found myself in that situation where suddenly Facebook became interesting again I was checking it more often. I recommend the opposite and follow as many friends from high school and work as possible (assuming you don’t work at a cool place).

Benito's Shortform Feed

Try practicing doing nothing I.e. meditation and see how that goes. When I have nothing particular to do my mind needs some time to make the switch from that mode where it tries to distract itself by coming up with new things it wants to do until finally it reaches a state where it is calm and steady. I consider that state the optimal one to be in since only then my thoughts are directed deliberately at neglected and important issues rather than exercising learned thought patterns.

What is the evidence for productivity benefits of weightlifting?

I suspect doing long-term (or any) studies on people diagnosed with depression and weightlifting would be difficult, since the motivation required to do regular heavy exercise is either preventing people from following a strict routine or it would disqualify them from the clinical diagnosis of depression. I have tried exercise as part of my life-long battle against depression and in a recent conversation with a therapist was told that I am in fact not depressed, because a depressed person "is not be motivated to invest effort into doing something about their depression".

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