Droughts and Information Overload
Jonathan highlights the skewed incentives behind drought declarations, suggesting that decision-makers may prioritize their job security over accurate assessments of water scarcity. Additionally, he and Jules discuss the overwhelming flow of information in today's digital age, pointing out that the lack of cost in information distribution leads to an overload that complicates our ability to process essential data effectively.In this clip
From this podcast
All Else Equal: Making Better Decisions
Ep28 Incentives and Externalities
Related Questions