Lecture 23 - Asymmetric Information: Silence...

We discuss auctions. We first distinguish two extremes: common values and private values. We hold a common value auction in class and discover the winner’s curse, the winner tends to overpay. We discuss why this occurs and how to avoid it: you should bid as if you knew that your ...  Show more

In business or personal relationships, promises and threats of good and bad behavior tomorrow may provide good incentives for good behavior today, but, to work, these promises and threats must be credible. In particular, they must come from equilibrium behavior tomorrow, and henc ...  Show more

Attention-seeking behavior is a common challenge in classrooms, and addressing it effectively is crucial for the overall learning environment. One possible reason for this attention-seeking behavior is that some of our students do not yet have the effective communication to gain ...  Show more

https://traffic.libsyn.com/secure/bizpod/360.97-Cognitive-Bias-1.mp3 Welcome back to the Business English Skills 360 podcast for today’s lesson on cognitive bias. These are factors that affect our ability to make good decisions and reasonable judgments. Cognitive biases are facto ...  Show more

Misleading news stories. Propaganda. Conspiracy theories. Misinformation has always been with us, but with the rise of social media it can spread farther and faster than ever. Sander van der Linden, PhD, of Cambridge University, talks about why we’re so vulnerable to misinformati ...  Show more

Exploring the Complex Landscape of AI in Education with Sofia De Jesus

In this episode of the My EdTech Life Podcast, I sit down with <a href='https://www.linkedi ...