Balancing Incentives
Jules and Jonathan explore the delicate balance between incentivizing scientists to innovate while ensuring their independence in the pursuit of truth. They discuss the implications of theories, using UFOs as an example, to illustrate how overlooked consequences can challenge our understanding. The conversation also delves into the trade-offs between type one and type two errors in decision-making, emphasizing the importance of recognizing both false positives and negatives in scientific and business contexts.In this clip
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All Else Equal: Making Better Decisions
Ep18 “Investigating Implausible Theories” with John Ioannidis
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