Tag: David Rand
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Nation & World
Tomorrow isn’t such a long time
A study by Harvard researchers and colleagues tested ways to encourage decisions mindful of future generations.
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Nation & World
Reputation as a lever
Using enrollment in a California blackout prevention program as an experimental test bed, a team of researchers showed that although financial incentives boosted participation slightly, making participation in the program observable produced a threefold increase in sign-ups.
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Nation & World
When fairness prevails
Using computer simulations designed to play a simple economic “game,” researchers at Harvard’s Program for Evolutionary Dynamics showed that uncertainty is a key ingredient behind fairness. Their work is described in a Jan. 21 paper in the Proceedings of the National Academy of Sciences.
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Nation & World
Rapid acts of kindness
In a series of experiments, Harvard researchers found that people who make quick decisions act less selfishly than those who deliberate.
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Nation & World
A plan for better banking
A team of researchers at Harvard and in London has created a model of bank failure aimed at helping economies avoid crashes. Their work highlights a fundamental dilemma for regulators: Improving the safety of individual banks may make the financial system as a whole more dangerous.