James Schaus
@jamesschaus.bsky.social
Amateur - economist, behavioural psychologist, photographer…(my photo’s)
July 4, 2025 at 3:39 PM
Waterton-Glacier
The World's First International Peace Park
(Canada is on the left)
The World's First International Peace Park
(Canada is on the left)
April 19, 2025 at 12:53 AM
Waterton-Glacier
The World's First International Peace Park
(Canada is on the left)
The World's First International Peace Park
(Canada is on the left)
Reposted by James Schaus
Revisit the appreciation of Daniel Kahneman we published in 2024.
The Nobel Prize winner and 1977-78 CASBS fellow forever changed the course of social and behavioral science research. CASBS played a key role in helping him shape that legacy.
Read here: bit.ly/3D7BGsi
The Nobel Prize winner and 1977-78 CASBS fellow forever changed the course of social and behavioral science research. CASBS played a key role in helping him shape that legacy.
Read here: bit.ly/3D7BGsi
March 13, 2025 at 4:43 PM
Revisit the appreciation of Daniel Kahneman we published in 2024.
The Nobel Prize winner and 1977-78 CASBS fellow forever changed the course of social and behavioral science research. CASBS played a key role in helping him shape that legacy.
Read here: bit.ly/3D7BGsi
The Nobel Prize winner and 1977-78 CASBS fellow forever changed the course of social and behavioral science research. CASBS played a key role in helping him shape that legacy.
Read here: bit.ly/3D7BGsi
Reposted by James Schaus
share.libbyapp.com/title/2766628 Just finished this and cannot recommend it enough. After listening to #MoneyBall because of my kiddos love of sports I decided to give this one a listen too. A wonderful distraction from the insanity of the day. #EconSky #BehavioralEcon @michaellewis65.bsky.social
The Undoing Project
Bestselling author Michael Lewis examines how a Nobel Prize - winning theory of the mind altered our perception of reality.Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote...
share.libbyapp.com
March 13, 2025 at 4:17 PM
share.libbyapp.com/title/2766628 Just finished this and cannot recommend it enough. After listening to #MoneyBall because of my kiddos love of sports I decided to give this one a listen too. A wonderful distraction from the insanity of the day. #EconSky #BehavioralEcon @michaellewis65.bsky.social
March 6, 2025 at 2:41 AM
Tillandsia ionantha ‘Rubra‘ flowering today
#photography
#photography
March 3, 2025 at 9:41 PM
Tillandsia ionantha ‘Rubra‘ flowering today
#photography
#photography
Interesting, and assuming I am unbiased, accepted with a p-value of <5% and a probability >95%.
#statistics
#statistics
February 20, 2025 at 8:21 PM
Interesting, and assuming I am unbiased, accepted with a p-value of <5% and a probability >95%.
#statistics
#statistics
Each yr 12*$450=$5400 in house insurance, 1 in 200 chance of catastrophic loss. Pay $5400 to receive $1M/200=$5,000 each yr. Represents a statistical profit of $400 each yr for insurance company.
#behavioraleconomics #statistics
#behavioraleconomics #statistics
$450 a month is $5000 a year. If you have a $1m house that burns down once every 200 years, completely reasonable assumptions in California, this is what the expected value of insurance is. I don’t understand this objection
Imagine paying $450 a month for your home insurance and additional $300 for property insurance...
These insurers want to charge $4500.00 a month on homes and property.
Look at Detroit Michigan abandoned homes because insurance went up to $3000 a month on ppl.
These insurers want to charge $4500.00 a month on homes and property.
Look at Detroit Michigan abandoned homes because insurance went up to $3000 a month on ppl.
February 20, 2025 at 3:04 PM
Each yr 12*$450=$5400 in house insurance, 1 in 200 chance of catastrophic loss. Pay $5400 to receive $1M/200=$5,000 each yr. Represents a statistical profit of $400 each yr for insurance company.
#behavioraleconomics #statistics
#behavioraleconomics #statistics
Scent Marketing
Apple introduced scent marketing in its retail stores in 2018. They use a signature fragrance of 'green apples and mint' diffused through their HVAC system to create a distinctive and memorable in-store atmosphere.
#behavioraleconomics
Apple introduced scent marketing in its retail stores in 2018. They use a signature fragrance of 'green apples and mint' diffused through their HVAC system to create a distinctive and memorable in-store atmosphere.
#behavioraleconomics
Dunkin’ South Korea saw a 30% increase in sales in stores near bus stops after their ad team installed air freshener dispensers that secreted coffee smells in public buses.
February 16, 2025 at 3:48 AM
Scent Marketing
Apple introduced scent marketing in its retail stores in 2018. They use a signature fragrance of 'green apples and mint' diffused through their HVAC system to create a distinctive and memorable in-store atmosphere.
#behavioraleconomics
Apple introduced scent marketing in its retail stores in 2018. They use a signature fragrance of 'green apples and mint' diffused through their HVAC system to create a distinctive and memorable in-store atmosphere.
#behavioraleconomics
Chi-Cheemaun ‘The Big Canoe’
#photography
#photography
February 11, 2025 at 2:35 PM
Chi-Cheemaun ‘The Big Canoe’
#photography
#photography
Open leaders discuss almost twice as many FACTS
from MELTDOWN - why our Systems Fail… Clearfield/Tilcsik
#behavioraleconomics
from MELTDOWN - why our Systems Fail… Clearfield/Tilcsik
#behavioraleconomics
February 7, 2025 at 5:16 AM
Open leaders discuss almost twice as many FACTS
from MELTDOWN - why our Systems Fail… Clearfield/Tilcsik
#behavioraleconomics
from MELTDOWN - why our Systems Fail… Clearfield/Tilcsik
#behavioraleconomics
The Colour of Glacial Flour
#photography
#photography
February 4, 2025 at 3:28 PM
The Colour of Glacial Flour
#photography
#photography
"Oh, what a tangled web we weave/When first we practise to deceive!" - Sir Walter Scott
#photography
#photography
January 30, 2025 at 6:00 AM
"Oh, what a tangled web we weave/When first we practise to deceive!" - Sir Walter Scott
#photography
#photography
The Waxing Gibbous Moon phase represents a time of refinement and preparation
#photography
#photography
January 28, 2025 at 1:52 AM
The Waxing Gibbous Moon phase represents a time of refinement and preparation
#photography
#photography
My experience of volunteerism; 10-20% of people perform 80% of the work. To improve these numbers, clubs require sponsorship to improve the % of ‘regular’ contributors. Unfortunately, within that select group, the % of ‘regular’ contributors seems to rebalance to 10-20%.
#behavioraleconomics
#behavioraleconomics
The Clubland Substack is nothing if not versatile. Here, I stray into anthropology and behavioural economics, and look at whether Dunbar's Number applies, in asking the question 'What is the "right" size for a club?'
clubland.substack.com/p/what-is-th...
clubland.substack.com/p/what-is-th...
What is the "right" size for a club?
It’s common to hear people across Clubland reflecting that a club (whether their own, or another) is either “Too large” or “Too small”.
clubland.substack.com
January 22, 2025 at 3:07 PM
My experience of volunteerism; 10-20% of people perform 80% of the work. To improve these numbers, clubs require sponsorship to improve the % of ‘regular’ contributors. Unfortunately, within that select group, the % of ‘regular’ contributors seems to rebalance to 10-20%.
#behavioraleconomics
#behavioraleconomics
January 21, 2025 at 9:46 PM
