Today I’ll look at the work of Uri Gneezy and John List. Specifically their book, The Why Axis. These are very well respected scholars and they are strong proponents of more real-world testing. Today I most want to highlight the idea that there are very sizable costs of not experimenting. Business Managers Under-Experiment The authors…
Category: Testing
Leadership In Politics
Real-world examples often provide concepts that apply in business. I worked in politics for many years and I think that there are lessons for educational and commercial leadership. Good political leaders try and seize temporary opportunities. Their dramatic actions make for exciting highs when successful and dramatic lows when not. So what can we learn…
Testing Psychic Powers
One of the most ‘interesting’ academic papers of recent times is Daryl Bem’s paper in the Journal of Personality and Social Psychology (a reputable journal) on psi. (Yes, psychic phenomenon, he was interested in testing psychic powers). He purported to show that people had the ability to ‘feel’ the future and so predict it better…
Why Not Test?
People love appearing to have knowledge. Often they are less careful about working out whether what they are saying makes sense. A concern I have is that we often claim to know much more than we actually know. We have some hunches or ideas and these gain the status of facts in our minds. Clearly this influences…
Improving Public Policy Through Testing
David Halpern is an interesting character. Originally an advisor to Tony Blair’s Labour government he went on to establish the U.K.’s Behavioural Insights for David Cameron’s Conservative government. His CV makes sense to me given what he specializes in. His aim is to make government policy better. The politicians decide what should be done and Halpern tries to ensure it…
Conducting Business Tests
We should be conducting business tests to have more confidence we are doing the right thing. Small And Big Decisions In business decisions are often taken “without having any real evidence to back them up” (Davenport, 2009, page 69). This is a source of great frustration to me, (and many academics). To be fair sometimes there…
