jokonomist.bsky.social
Pursuing PhD in Economics at CU Boulder.
Formerly pursuing job in comedy.
Lover of trains, bikes, efficiency, Pigouvian taxes.
Hater of PM2.5, Single Family Zoning, unnecessarily large vehicles.
81 posts
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I worked on IES contracts. A lot of very smart and driven people are doing this work to make our education system better.
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Elon was referring the the federal bureaucracy, but I think Mr. Pot might have been talking about a porcelain kettle.
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Wait, what happens if we just get him to got to sleep.
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Or, when making a decision, the words: "I want to make sure we don't have any confirmation bias, I'm going to play devil's advocate." can be very important!
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The words: "I think this estimate is biased because of omitted variables, but I have signed the main sources of bias, and I can confirm this is an under-estimate." is a sentence that makes sense when analyzing a problem.
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Thank God I can get a good mining job after I lost my bad job *checks notes* administering life-saving aid around the globe!
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It's almost like that's the Nash Equilibrium.
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But it's not fine. He's driving a school bus off a cliff.
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This is good evidence that, when applying to elite schools, disadvantaged students should submit their test scores even though they might be lower than posted averages.
Unconditional averages are different from conditional averages.
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A note about external validity!
Dartmouth is an elite Ivy League school. Findings may not apply to mid-level private schools or public schools.
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This is probably bad, especially when the researchers have showed that SAT is the best predictor of first-year GPA.
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What are the incentives for the University?
College rank (think US News and World Report) use selectivity as one of their criteria. So colleges are encouraged to create larger applicant pools no matter the number of admissions slots.
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How does the math work out? Well there were many more applicants in the test-optional cohorts, but the same number of spots.
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"The characteristics of students enrolling at Dartmouth also changed little between the test required and test optional cohorts" (p. 7 Sacerdote et al)
So, poor and disadvantaged students are still being admitted. However, which disadvantaged students are admitted changes.
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Elite schools take SAT scores in context. Disadvantaged students have lower test scores, on average, but colleges know this. A 1200 SAT score from a rich kid is much less impressive than from a rural/poor student.
Therefore high-achieving rural/poor students should report scores.
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I mean if you want to be new and different maybe set it in Ethiopia, and show that Italian fascism is bad.