Can modern decision theory, paired with a half-century-old thought experiment, help make a more just society?
Amid the pandemic, price gouging and stiffing of suppliers and workers surged
How to rebalance supply and demand amid today’s chaotic internet traffic
Incentives boost output, but benefits level off at a fairly low point
Revealed compensation might motivate workers to do more, without a raise
Governments needn’t subsidize charging networks
Queuing models aren’t simple but offer big potential service improvements
Power companies haven’t maximized the benefits of customers agreeing to short-term electricity interruptions
Most sellers do one or the other, but giving shoppers both might lift sales
Novelty and social connection boost time spent playing
An interpretable model versus black-box algorithms for complex decision making
Splitting complex problems into parts simplifies and greatly speeds the task
A model for cities to boost ridership, without snarling car traffic
A method that establishes a range of needs — and then tightens the range — works better
Measuring the utility of increased care and testing, inputs that aren’t always immediately available
Waiting until one product model runs out can be a costly mistake