Lucas Kohorst

Flood insurance is more than actuarily fair — it is actually giving away money to homeowners. Yet, 40% of high-risk consumers don’t purchase flood insurance. Why? And what does it mean for optimal policy? 1/ https://t.co/XbWF6vfBTx

A few months ago I was at a conference where Robin Hanson spoke about prediction markets.[1] He argued that given how much of companies' outcomes are driven by who they choose to hire, and how non-rigorous the process of selecting employees and revisiting those selections is, there's a literal trillion-dollar opportunity in getting it right.... See more