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July 21, 2018


ALTERNATIVE ACTUARY History of risk assessment, and some proposed alternate methods  A 2002 paper by ERIC SILVER and LISA L. MILLER on actuarial risk assessment tools provides a history of statistical prediction in the criminal justice context, and issues cautions…

July 14, 2018


DATA IS NONRIVAL Considerations on data sharing and data markets  CHARLES I. JONES and CHRISTOPHER TONETTI contribute to the “new but rapidly-growing field” known as the economics of data: “We are particularly interested in how different property rights for data…

June 23, 2018


VISIBLE CONSTRAINT Including protected variables can make algorithmic decision-making more fair  ⤷ Digital Ethics A recent paper co-authored by JON KLEINBERG, JENS LUDWIG, SENDHIL MULLAINATHAN, and ASHESH RAMBACHAN addresses algorithmic bias, countering the "large literature that tries to 'blind' the algorithm…

May 12, 2018


LABOR-LEISURE TRADE-OFF A new paper on the labor effects of cash transfers SARAH BAIRD, DAVID MCKENZIE, and BERK OZLER of the WORLD BANK review a variety of cash transfer studies, both governmental and non-governmental, in low- and middle-income countries. Cash…

April 21, 2018


NON-ZERO PRICE "Digital goods have created large gains in well-being that are missed by conventional measures of GDP and productivity" A new paper by ERIK BRYNJOLFSSON et al. suggests using massive online choice experiments as a method to find the…