Chapter
Clips
The fight against poverty has been ongoing for decades, with numerous studies dedicated to it.
1:10:44 - 1:12:38 (01:54)
Summary
The fight against poverty has been ongoing for decades, with numerous studies dedicated to it. However, it is essential always to evaluate and choose how we spend our time tactfully, keeping in mind the high opportunity cost of time.
ChapterThe Benefits of Field Studies
Episode#566: John List — A Master Economist on Strategic Quitting, How to Practice Theory of Mind, Learnings from Uber, Optimizations to Boost Donations, the Primitives of Decision-Making, and How Field Experiments Reveal Hidden Realities
PodcastThe Tim Ferriss Show
The guest explains the importance of understanding and utilizing the science of scaling in order to create real and big changes in the world.
1:12:38 - 1:15:37 (02:59)
Summary
The guest explains the importance of understanding and utilizing the science of scaling in order to create real and big changes in the world.
ChapterThe Benefits of Field Studies
Episode#566: John List — A Master Economist on Strategic Quitting, How to Practice Theory of Mind, Learnings from Uber, Optimizations to Boost Donations, the Primitives of Decision-Making, and How Field Experiments Reveal Hidden Realities
PodcastThe Tim Ferriss Show
The use of field studies has an advantage over laboratory experiments due to the ability to gather data quickly and at scale, partnered with governments and big firms, thus producing more credible results than tiny pilot studies that are never replicated, such as those commonly found in labs.
1:15:38 - 1:19:34 (03:55)
Summary
The use of field studies has an advantage over laboratory experiments due to the ability to gather data quickly and at scale, partnered with governments and big firms, thus producing more credible results than tiny pilot studies that are never replicated, such as those commonly found in labs.