Social Dynamics of AI Adoption
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...
I think spot on and applies elsewhere; in volume-driven/time-constrained areas the competitive advantage of AI can make it an strategic necessity even if the new equilibrium is worse for everybody.1/
by Leonardo Bursztyn, @aleximas.bsky.social @rafaeljjd.bsky.social Aaron Leonard & Christopher Roth
18.11.2025 00:30 β π 4 π 3 π¬ 1 π 0
YouTube video by Behavior Change For Good Initiative
The Anomalies That Changed Economics | Richard Thaler and Alex Imas
I'm excited to share access to a video of the conversation @angeladuckworth.bsky.social & I hosted at Wharton w/ our brilliant friends @rthaler.bsky.social & @aleximas.bsky.social about their new book THE WINNER'S CURSE & how behavioral econ has evolved in the last 30 years. youtu.be/hH8UgQb-x4A?...
18.11.2025 14:58 β π 14 π 5 π¬ 0 π 0
it was so much fun to host @rthaler.bsky.social and @aleximas.bsky.social @upenn.edu for a conversation about The Winnerβs Curse and the evolution of behavioral economics.
missed it? check out the recording on the @bcfginitiative.bsky.social youtube channel!
youtu.be/hH8UgQb-x4A
18.11.2025 15:24 β π 5 π 1 π¬ 0 π 0
Happy pub day to THE WINNER'S CURSE by @rthaler.bsky.social + @aleximas.bsky.social!
The original (1992) version of this book changed my life -- it's the reason I study judgment and decision making. For a preview of the new edition, check out my Q&A w/ the authors t.co/n3ThOxpJak
21.10.2025 17:29 β π 12 π 1 π¬ 1 π 0
YouTube video by Markus' Academy
Alex Imas and Richard Thaler on Behavioral Economics Anomalies: Then and Now
Next was a great discussion with @aleximas.bsky.social and Richard Thaler on changing perspectives around behavioral economics anomalies at the Julis-Rabinowitz Center for Public Policy & Finance www.youtube.com/watch?v=7v8O... (6/7)
10.10.2025 02:53 β π 2 π 1 π¬ 1 π 0
Workshops - Society For Neuroeconomics
ONE WEEK! The Society for Neuroecon conference is in Cambridge, MA in 1 week!
We are thrilled to have @amberalhadeff.bsky.social and @aleximas.bsky.social as the speakers for our neuroscience and social/decision science workshops
neuroeconomics.org/workshops/
26.09.2025 04:09 β π 8 π 1 π¬ 0 π 1
βΌοΈEvent AlertβΌοΈ Join @angeladuckworth.bsky.social & @katymilkman.bsky.social for a conversation with Nobel Prize winning economist @rthaler.bsky.social and Professor @aleximas.bsky.social about their new book, The Winnerβs Curse.
π
Thurs, Oct 23 | 4-5PM
π Huntsman Hall G06
π©RSVP: bit.ly/4nbI9EG
29.09.2025 13:44 β π 13 π 4 π¬ 0 π 0
Amazon.com
Probably longer than you need, but Richard Thaler and I have a book coming out trying to do just that. The chapters on Risk and Utility are especially pertinent: a.co/d/4HpJfEt
21.09.2025 18:37 β π 11 π 0 π¬ 0 π 0
Why Students Lie About Using AI
Chicago Booth’s Alex Imas talks about perceptions of AI use in the classroom.
Why do students lie about using AI?
Chicago Booth's @aleximas.bsky.social talks about perceptions of AI use in the classroom.
www.chicagobooth.edu/review/podca... #econsky
14.08.2025 16:28 β π 8 π 5 π¬ 0 π 0
Twenty-six UChicago faculty members receive named, distinguished service professorships in July 2025
Congrats to all faculty who have been recognized for their stellar contributions!
We're especially thrilled to celebrate the eleven Chicago Booth faculty on this list, among them CAAI Faculty Affiliate @aleximas.bsky.social!
news.uchicago.edu/story/twenty...?
02.07.2025 15:38 β π 5 π 1 π¬ 0 π 0
How AI Can Make Smarter Predictions
Researchers gave AI a way to evaluate and calibrate its own uncertainty.
AI can be overconfident.
So a team of researchers came up with a solution: Give AI a way to evaluate and calibrate its own uncertainty, allowing a user to decide how much to trust a prediction. www.chicagobooth.edu/review/how-a...
04.06.2025 17:11 β π 3 π 2 π¬ 1 π 0
The gutting of US biomedical research with loss of ~2,500 grants affecting research for cancer, Alzheimerβs, infectious disease, global health and much more
www.nytimes.com/interactive/...
04.06.2025 14:03 β π 347 π 204 π¬ 10 π 19
In Its Expectations for the Economy, AI Is Surprisingly Human
AI, designed to mimic the appearance of human reasoning, also forms predictions about the economy in human-like ways.
"You need some way of actually measuring peopleβs beliefs or their preferences if you wanna test these behavioral stories around bubbles," says Chicago Boothβs Leland Bybee. www.chicagobooth.edu/review/in-it... #econsky #ai
29.05.2025 17:17 β π 6 π 3 π¬ 0 π 0
Our work now published showing how better AI can improve both accuracy and diversity in hiring relative to supervised learning tools and status-quo human hiring.
02.06.2025 18:50 β π 61 π 18 π¬ 3 π 0
The interesting thing about people dragging the folks in that NYT piece who said that they didnβt vote for moms to get deported is that the article is about how these women are organizing for a member of their community, aggressively and openly, and actually, thatβs good.
01.06.2025 14:58 β π 3094 π 505 π¬ 32 π 17
Introspection has gotten a bad rap over the years. Here we show that people have more insight into the algorithms behind their decisions than we tend to assume. Thrilled to see this work out at Nature Comms with the always brilliant @thatadammorris.bsky.social!
01.05.2025 14:23 β π 13 π 4 π¬ 0 π 0
Sorry, fixed!
bsky.app/profile/alex...
30.04.2025 14:34 β π 0 π 0 π¬ 1 π 0
Yeah thatβd be nice but itβs hard for me to think about an environment like that. I think in coding itβs likely smaller but not opposite direction.
30.04.2025 12:51 β π 1 π 0 π¬ 0 π 0
This is cool for, like, other people who have actually used AI... not me, nope.
30.04.2025 00:45 β π 2 π 1 π¬ 0 π 0
These results suggest that social desirability may bias estimates of AI use downwards, depending on the setting.
But that tools such as the indirect questioning technique can help.
29.04.2025 21:36 β π 1 π 0 π¬ 1 π 0
Follow up surveys using both free response and direct questions revealed social desirability bias as the main reason given for the own-other gap. Specifically, the gap was attributed to a reluctance to report one's own AI use rather than an inflation of others' use.
29.04.2025 21:36 β π 0 π 0 π¬ 1 π 0
On extent of use, majority of students reported using AI 0-1 days a week, while the majority of their friends used AI 4-5 days a week.
29.04.2025 21:36 β π 0 π 0 π¬ 1 π 0
Results were striking, while ~60% of people reported using AI at all themselves, they reported that ~90% of their friends used AI.
The most common response for own use was "not at all", while the most common response for others' use was "a moderate amount" followed by "a lot".
29.04.2025 21:36 β π 0 π 0 π¬ 1 π 0
We employed standard indirect questioning technique from psych to overcome social desirability bias:
Instead of asking about one's own AI use, ask about AI use of friends in one's social circle...
29.04.2025 21:36 β π 0 π 0 π¬ 1 π 0
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