Discover and read the best of Twitter Threads about #socialecon

Most recents (2)

1/ In a recent series of papers, I argue that many important behaviors are shaped by neglect of selection bias in social observation.

HT to @Ben_Golub for a fascinating thread about effects of neglect of selection bias.
2/ In a “call to arms” paper, I argue that neglect of selection bias in social observation is one of the key sources of bias in the transmission of ideas and behaviors.
3/ And that in turn, bias in the social transmission of ideas and behaviors is a key intellectual building block for social economics.
papers.ssrn.com/sol3/papers.cf…
Read 16 tweets
1/ Is the stock market response to COVID-19 a once-in-a-generation mispricing? Has the pandemic really reduced the fundamental value of the US stock market on the order of 30%?

#coronavirus #covid19 #investing #stockmarket #behavioralfinance #socialecon #socialfinance
2/ I don’t know the answer, but there’s reason for suspicion. Suppose that rapidly-increasing social distancing policies and behaviors continue, along with increased testing and research on treatments.
3/ Some hard-hit countries are already getting the upper hand on their epidemics, which raises the hope that the US will also gain enough control in the coming months to start to limit the tragic consequences.
Read 26 tweets

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