Sublime

Economically relevant information is discovered from experimentation, not deduced from a model.

In the study that was associated with Elton Mayo, which ran from 1928 to 1932, a series of changes in work structure were implemented (e.g., changes in rest periods) in a group of five women. However, this was a methodologically poor, uncontrolled study that did not permit any firm conclusions to be drawn.

observer effect, by which individuals under study modify their behavior because of their awareness of the study.

It’s no secret that the project has run many highly successful experiments in this area. This appendix contains a chapter excerpted from a short book I’ve written on this topic. If this is an area of interest for you, it can be downloaded from: nonsymbolic.org / how-to-book.