Dennis Alexis Valin Dittrich
banner
davdittrich.economicscience.net
Dennis Alexis Valin Dittrich
@davdittrich.economicscience.net
Interested in bounded rationality, trust, discrimination, fair compensation, labor economics, quantitative methods, dataviz, rstats, open source

1stgen Professor of Economics (2005-2022)
Senior Economist at the Stepstone Group

https://economicscience.net
Should #GenderEquality mean identical outcomes, or identical freedom to follow one’s interests?"

#STEM #LaborEconomics #Psychology

orig https://fediscience.org/@davdittrich/115458834655287353 3/3
October 29, 2025 at 6:30 PM
working with people.



Every push to get more women into things-related fields is simultaneously a push to get them out of equally important people-related fields such as healthcare and education - fields that, on average, they tend to prefer. We’re therefore faced with a decision: 2/3
October 29, 2025 at 6:30 PM
acknowledging that the debt exists, and will grow, is the first step toward addressing it."

#economics

orig https://fediscience.org/@davdittrich/115453614663491319 4/4
October 28, 2025 at 9:30 PM
and developing economies, which are leapfrogging straight to native, widespread #AI adoption, may view things differently. The #cognitiveDebt that we are leaving for younger people in advanced economies may be their opportunity. It will be our duty to pay attention. For now, though, 3/4
October 28, 2025 at 9:30 PM
cost-cutting, they should consider the longer-term implications. If we transfer all codified knowledge to machines, we will bequeath to future generations a world where it will be ever harder to learn by doing, to achieve mastery, and thus to aspire to creative freedom.

…Emerging markets 2/4
October 28, 2025 at 9:30 PM
October 28, 2025 at 9:00 PM
with the #GreatDepression.

So yes, Goldfarb says, AI has all the hallmarks of a bubble. “There’s no question,” he says. “It hits all the right notes.” Uncertainty? Check. Pure plays? Check. Novice investors? Check. A great narrative? Check. On that 0-to-8 scale, Goldfarb says, it’s an 8. 3/4
October 28, 2025 at 9:00 PM
hyped with incredibly powerful coordinating narratives. Both were seized on by pure play companies seeking to capitalize on the new game-changing tech, and both were accessible to the retail investors of the day. Both helped inflate a bubble so big that when it burst, in 1929, it left us 2/4
October 28, 2025 at 9:00 PM
quantitative assessment of subjects’ other-regardingness, e.g., in order to make quantitative predictions, then our result suggest that using monetary incentives is advisable,

… no evidence that using a larger stake size improves the identification of social preferences"

#ExperimentalEcon 4/5
October 28, 2025 at 8:30 PM
hypothetical stakes. If one is solely interested in having a rough, descriptive measure of social preferences at the aggregate level, or if one wants to identify qualitatively distinct preferences types, then relying on hypothetical stakes might suffice.

… if one is interested in making a 3/5
October 28, 2025 at 8:30 PM
identification of qualitatively distinct preferences types. They appear to matter, however, for the quantitative identification of the strength and the precision of social preferences.

… the #socialPreferences of the general population are likely overestimated when elicited with 2/5
October 28, 2025 at 8:30 PM
October 28, 2025 at 8:00 PM
linked to higher wages at the regional level, whereas the relationship is weakened or disappears altogether for union membership.

… collective wage agreements go along with lower overall wage #inequality, while union membership compresses wage inequality mainly at the lower end of the 3/4
October 28, 2025 at 8:00 PM
#bargainingPower exerts a significant influence on both individual wage levels and wage inequality in Germany

… both collective wage agreements and union membership… raise wage levels at the national level.… this effect is regionally heterogeneous: Collective wage agreements continue to be 2/4
October 28, 2025 at 8:00 PM
the urban wage growth premium falls by 94.1% after accounting for firms and coworkers.

… results challenge the view that cities generate human capital spillovers “in the air,” suggesting instead that urban wage dynamics reflect the #sorting of firms and workers and the pace of job 2/3
October 28, 2025 at 7:30 PM