Re: The Indeterminacy of Individual Economic Actions

2000-07-26 Thread Fred Foldvary
What does this say about the economists model of human behavior? -- Bill Dickens "The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior" findings. First, 401(k) participation is significantly higher under automatic enrollment. Second, the default contribution rate

RE: Baseball salary caps?

2000-07-26 Thread rfrommer
Mitch Mitchell, Ed Lopez, or Noel Campbell might correct me on this one, but one argument I have heard is that it helps small market teams vis a vis large market teams. As does revenue sharing, salary caps would limit the amount a team could spend on players. This improves the position of small

Re: DNA and the Death Penalty

2000-07-26 Thread Sagewhys
I also cannot help but worry not only about lab or collection mistakes, but about deliberate "mistakes." Unless a great number of people of diverse backgrounds, expertise and interests (especially personal or philosophical stakes in the test results) follow the chain from collection to

Re: DNA and the Death Penalty

2000-07-26 Thread Alex Tabarrok
Pierre writes: "I am not sure I understand why, with DNA technology, it can be that Y'X." For essentially the reasons Chris notes. Take the simplest case. You think no innocents ever get on death row. DNA evidence shows that this view is false. You now know that some innocents get on