Re:Why Is Behavioral Economics So Popular?
by sjg007 on Wednesday October 10, 2018 @11:23PM
(#18190790)
Citation?
Re:Why Is Behavioral Economics So Popular?
by sjg007 on Thursday October 11, 2018 @10:34AM
(#18193841)
This does not support your claim.
Re:Why Is Behavioral Economics So Popular?
by VintageCool on Thursday October 11, 2018 @12:23AM
(#18190958)
I found a reference that 1600 applicants declined the mandatory testing from July-October 2011. Meanwhile 7000 applicants underwent testing, of which 1% failed.
I haven't been able to find monthly figures for before, during, and after -- so I, too, would like to see kwillet's data.
Re:Why Is Behavioral Economics So Popular?
by kwillets on Thursday October 11, 2018 @02:20AM
(#18191308)
http://fga.wpengine.com/2011/10/floridas-drug-test-law-for-w...
This is heavily slanted, but I believe their numbers are factual.
There was a "study" about drug testing welfare applicants in Florida a few years ago where the authors claimed that it only caught a handful of people and cost more than the money saved.
I looked up the numbers and found that applications took a historic plunge when the law went into effect, and an equally large increase after the law was suspended. It was a huge multi-stage funnel where the study only looked at one stage after thousands of applicants had already self-selected for drug-freeness. Applications went down by thousands, and payouts by millions.
Basically if you hired a data scientist who told you this about some funnel you were analyzing, like a purchase or sign-up flow, you would fire this person within five minutes. But people repeated this gotcha story everywhere.