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Re:Why Is Behavioral Economics So Popular? by kwillets on Wednesday October 10, 2018 @07:27PM (#18189837)
These stories become like memes that get reposted over and over.

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.

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 kwillets on Thursday October 11, 2018 @12:18AM (#18190939)
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.