Chris Georges
@cgeorges22
Chris Georges
Why prediction markets aren’t popular - Works in Progress
worksinprogress.co
A great new dataset on R&D's impact on state economies was released today:
New Mexico gets the highest share of its state GDP from R&D thanks to the Los Alamos & Sandia National Laboratories, but California makes up the highest share of national R&D output at 30%! https://t.co/Ca6uMary1u
In online advertising, regret minimization is used to optimize ad placement and bidding strategies to improve performance over time. Here are some specific applications:
1. **Bid Optimization**: Advertisers use regret minimization to adjust their bids dynamically across different websites or platforms. By minimizing regret, they can ensure that... See more
1. **Bid Optimization**: Advertisers use regret minimization to adjust their bids dynamically across different websites or platforms. By minimizing regret, they can ensure that... See more
3. If you want good cheap infrastructure, build up state capacity
America has a big problem building infrastructure. Our roads and trains cost much more per mile than other rich countries. There are a number of reasons why this is the case, including land-use regulation, NIMBYism, and broken government contracting processes. But one reason is... See more
America has a big problem building infrastructure. Our roads and trains cost much more per mile than other rich countries. There are a number of reasons why this is the case, including land-use regulation, NIMBYism, and broken government contracting processes. But one reason is... See more
At least five interesting things for your weekend (#45)
MD4SG Main Page
md4sg.com
So, what did I learn from the 2024 election? I don't mean to be flippant, but if you're going to be a convicted felon with a history of sexually assaulting women who incited a mob to violently prevent the peaceful transfer of power, you praise Hitler and you call for the termination of the Constitution and you still want to be elected president to... See more
Harris Almost Won
Eric Adelstein from What Happens Next in 6 Minutes interview
Predictive algorithms are everywhere these days, as are concerns that they embed & perpetuate discrimination
In a new (short!) working paper with David Arnold & Will Dobbie, we develop + apply new quasi-experimental tools to address these... See more
paper on building non-discriminatory algorithms
Take a Ride on New York City’s Future Train Line
nytimes.com
Permitting reform is really important. Basically, anything you want to build — housing, factories, infrastructure, energy, you name it — needs to be built on land. And since the 1970s, America has implemented a byzantine system of land-use permitting restrictions that make it very hard to build anything at all. NEPA and similar state laws, which... See more
At least five interesting things to start your week (#50)
Josh Marshall of Talking Points Memoposted that a “[g]ood way to see the current tariffs, as of literally today, is no tariffs on high value add manufactured goods marketed to middle and upper middle classes. Massive tariffs for cheap consumer items” that benefit those lower on the economic ladder.