John Lightle (@johnlightle) header
John Lightle (@johnlightle) profile picture

Associate Prof. of Economics @VCUBusiness (behavioral econ, experimental econ, experimental finance), amateur musician, buckeye fan, husband, father of two.

Richmond, VA
Joined December 2008
Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)Photo by John Lightle (@johnlightle)
My basketball hoop comes with incentives to be a better shooter. Make a swish and nothing happens. Anything else and there is a non-trivial probability of unleashing a horde of angry wasps.
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This was a fun 3|2 blitz game. The analysis gave me !! for 18. ...hxg4, but why wouldn't I want to open the h file? That was the point of h5 two moves earlier.
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Data scientists: beware of accidentally manipulating your data! It looks like people in Costa Rica like my YouTube channel (highest average view duration) but it's only because I was just there for a conference.
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Here's the word cloud of the titles of my papers on Google Scholar, which can be generated for you at ScholarGoggler dot com, h/t to @RonCheung42. If nothing else, you can tell I'm an experimental economist! #EconTwitter
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Better late than never, our ad is finally up! VCU is hiring 2 positions: macro and applied (broadly defined). aeaweb.org/joe/listing.php?J… Richmond is an amazing place to live, and VCU is a fantastic place to work. Come be our colleague! Feel free to reach out with any questions.
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I’m impressed with this picture I somehow took today (iPhone 12, portrait setting)
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Could economic modeling help our health care system address chronic pain? This thread is a description and analysis of the model swimming in my head after having a frustrating experience with a medical specialist. #econtwitter 1/n
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7. With Policy 2, doctor anticipates x2*=argmax{(-A+Bx)(1-y) - 1/2*x^2}=(1-y)B. Because all parameters are known, the doctor can implement the socially optimal treatment y** and it’s left as an exercise for my students that y** = P/(2T-B^2)
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8. Conclusion: Policy 1 gives y*=P/2T, Policy 2 gives efficient y**=P/(2T-B^2) which is increasing in B given P. Doctors should recognize endogeneity of mitigation when using pain as diagnostic tool and consider how patient’s life is affected by pain mitigation. (Mine did not)
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I'm an Econ professor and today when I learned the ages of the children of our Dean I immediately remarked to her that their ages are a mean-preserving spread of my kids' ages. Embarrassing or impressive? #EconTwitter
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Today is the last (and most important!) round of play at CollegeFootballRisk.com where individuals choose to defend a territory or attack one that your team borders. Consider playing for Ohio State and attacking one of the blue territories owned by Michigan!
🚨FINAL DAY🚨 TODAY IS THE DAY!!! Beating TTUN is now or never. Tell your friends, tell em to tell their friends, retweet this, it takes 30 seconds to go attack a blue territory and pull off the upset. SHOW EM WHO THE BEST DAMN FANS IN THE LAND ARE #OhioState #Buckeyes
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After 100 Wordles, my family is averaging 3.86 guesses per Wordle. Wordlebot says the optimal strategy results in 3.4 guesses in expectation, so we have some room for improvement.
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We hit 200 Wordles. Our average score is now 3.785. It's a small improvement that can likely be attributed to imitating Wordlebot's optimal strategy.
We made it to 100 straight days of solving the NYT crossword. Solving them together, as a family plus whatever guests we happen to have, has been pretty cool and I wonder why we weren't doing it before.
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Our streak ended at 365 days. It was fun, but after a year we're thankfully switching to a policy of *optional* daily NYT crossword puzzle completion.
John Lightle retweeted
It's here–the deepest, sharpest infrared view of the universe to date: Webb's First Deep Field. Previewed by @POTUS on July 11, it shows galaxies once invisible to us. The full set of @NASAWebb's first full-color images & data will be revealed July 12: nasa.gov/webbfirstimages
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John Lightle retweeted
Senator Chris Murphy (@ChrisMurphyCT): "The 14 kids dead in an elementary school in Texas right now. What are we doing? What are we doing? Just days after a shooter walked into a grocery store to gun down African American patrons we have another Sandy Hook on our hands."
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