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tsuomela : preference   3

Stumbling and Mumbling: Fallible preferences & universities
20-year-olds cannot predict the specific skills they’ll need in the labour market in 10-20 years time. This is not just because they don‘t know what jobs they‘ll have then, but because they don‘t know how occupations will change. For this reason, there’s a huge danger that purely vocational skills will quickly date. Instead, the key is to teach them more general skills: how to interpret evidence; how to write, and so on. One good way to do this is to give them a rigorous education in anything; how else do you explain the economic success of Oxford classics graduates?
education  purpose  business  utility  career  prediction  preference  university 
october 2010 by tsuomela
Private Truths, Public Lies - Timur Kuran - Harvard University Press
Preference falsification, according to the economist Timur Kuran, is the act of misrepresenting one’s wants under perceived social pressures. It happens frequently in everyday life, such as when we tell the host of a dinner party that we are enjoying the food when we actually find it bland. In Private Truths, Public Lies Kuran argues convincingly that the phenomenon not only is ubiquitous but has huge social and political consequences. Drawing on diverse intellectual traditions, including those rooted in economics, psychology, sociology, and political science, Kuran provides a unified theory of how preference falsification shapes collective decisions, orients structural change, sustains social stability, distorts human knowledge, and conceals political possibilities.
economics  research  preference  lying  truth  false  behavior  behavioral-economics  social-psychology  social-proof  bandwagon 
july 2010 by tsuomela

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