Colin Camerer
@CFCamerer
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dad, behavioral & neuroeconomist
Pasadena CA USA
Joined August 2012
Most of the Trumps are so level 1. They think if they don’t “show their cards” we will infer nothing from it. we infer that they have no plan, and have not for 10 years. Or a plan so stupid they hope to reveal it at a sweet spot moment and rush push it through
BARTIROMO: How do you want this to play out once the ACA subsidies expire? DR OZ: We have lots of great ideas, but I don't want to show our cards. As the president often says, why would I telegraph to you what we're gonna do?
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Econometricians: We present a new empirical method that comes with several caveats and should be use with caution... Applied microeconomists:
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This looks really cool:
My student Michael Cuna is on the econ job market this year. He has an excellent paper showing the impact of the hidden curriculum on educational outcomes, particularly in the case of first-gen students. The paper also demonstrates the potential for AI tools to close these gaps.
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A great story. Seems like the incubator cumulates knowledge about many challenges (permits, vendors, space) and can thereby reduce missteps going for cook to restaurant owner
This is incredibly inspiring: 70% of the restaurants started by chefs in this incubator have remained open at least 10 years. Is there something like this in LA?
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Do Pulte and the other MAGAs realize stocks often go down?
Bill Pulte, the director of the Federal Housing Finance Agency, said that Fannie Mae and Freddie Mac are looking at ways to take equity stakes in technology companies.
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A lot of independent media is hot takes & partisan claptrap presented as news. It’s hard to do serious investigative journalism without legacy media resources. That makes @PabloTorre’s run of big scoops — @NFLPA, Belichick’s gf’s influence & now this — all the more impressive.
Exclusive: Kawhi Leonard signed a $28M endorsement deal for a "no-show job" with a fraudulent tree-planting company funded by $50M from Clippers owner Steve Ballmer, according to documents obtained by @PabloTorre. "It was to circumvent the salary cap," an inside source says.
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New York millionaires: threatening to flee the city since 2009
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Are we experiencing a 'GPT moment' in vision? Super excited to demonstrate the generality with which current video models can solve tasks from simple perception to visual reasoning! 🌐
video-zero-shot.github.io
Video models like Veo 3 are on a path to become vision foundation models.
Could video models be the path to general visual intelligence? In our new paper, we show that Veo3 has emergent zero-shot capabilities, solving complex tasks across the vision stack. Project page: https://t.co/WwVuZ5P9Y6 Paper: https://t.co/pHIX8uDpaH 🧵👇🏻
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Don’t ever tell me we can’t do better because we can. Welcome to Brewability in Denver Colorado. If you need a moment to reestablish you faith in humanity this is it. A business that is the global headquarters for accessibility, inclusivity Equity and GOOD TIMES all in one.
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terrific post.
I see a lot of bad takes on X about PhDs and frontier labs (not just this quoted tweet), so let me chime in. For context, I didn't do a prestigious undergrad, worked a bit in a startup as an applied ML engineer, then did a PhD, and now work in a frontier lab. A PhD isn't
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Omg. This is a syllabus worth of material! love the concept of a proof pack
@DegenRolf Citable “proof pack” of primary studies (mostly PDFs) that demonstrate cognitive dissonance across lab, brain, and field contexts. Core experiments (classics) - Induced compliance ($1 vs. $20): When people freely say a boring task is “fun” for insufficient pay, their attitudes
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“More of his [Trump’s] friends are in jail than my friends are in jail” 😂
I have to admit this made me chuckle A LOT. Ice T, tells it as it is. 🎥 TikTok - https://t.co/pp2RGdS2na
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you make the key point: they are *not* regular LEO of any kind. They are poorly-trained, unfit bounty hunters who are not currently constrained by ethics, norms or law. I so hope there will be a reckoning for Noem and esp Stephen Miller
@LongTimeHistory @1zzyzyx1 Prolonged or multiple applications of a carotid hold will lead to this. Multiple interruptions of blood flow to the brain. Any trained law enforcement officer knows this. These are not law enforcement officers. They’re rogue bounty hunters, and a scourge on America.
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Well said.
“They are tying everyone into their web so nobody can afford for OpenAI to not succeed. They are trying to make themselves a systemic risk” @benthompson The most succinct/accurate description. And both executives messed up this week and said this quiet part out loud
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A Harvard student told me something I can't stop thinking about. When they go to the library, every single screen has ChatGPT open. Homework that used to take hours now takes minutes. But then they talk to alums who say entry-level roles are basically gone. The jobs they
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He articulated the very definition of “too big to fail”
In a new podcast Sam Altman says: " When something gets sufficiently huge ... the federal government is kind of the insurer of last resort, as we've seen in various financial crises ... given the magnitude of what I expect AI's economic impact to look like, I do think the
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Hidden leverage in AI is ominous
🦔Meta is hiding $30 billion in AI infrastructure debt off its balance sheet using special purpose vehicles, echoing the financial engineering that triggered Enron's collapse and the 2008 mortgage crisis. Morgan Stanley estimates tech firms will need $800 billion from private
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Correct
@BillAckman @shayne_coplan The voter share of people who even know about polymarket is miniscule, so there is no way a polymarket-driven abstention could possibly move this election.
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Taking, not making
I think economics could do with a better term than ‘rent seeking’, which is very confusing to non economists who are unfamiliar with the eccentric sense of ‘rent’ being used. What better term could we use?
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