Kenan Kalayci
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kkalayci.bsky.social
Kenan Kalayci
@kkalayci.bsky.social
Experimental economist at the University of Queensland
Just speculating:

Could the source of denialism be that more supply makes the area more interesting/liveable, hence increasing the price of land (houses, not housing)?
February 3, 2025 at 11:44 PM
Reposted by Kenan Kalayci
arielrubinstein.org
December 24, 2024 at 8:23 PM
You discuss monitoring costs, but I am not sure you acknowledge “hidden costs of control” arguments that arise in other (non-gig economy) settings where monitoring feels intrusive.
December 12, 2024 at 1:24 AM
Btw why don’t you have an hourly wage control group? I mean, apart from the fact that it would cost more money to run the experiment...
December 12, 2024 at 1:24 AM
For example, would you get similar estimates if the task was different (e.g., more/less responsive to effort or requiring more creativity)? Or uncertainty was not on the wage but on task characteristics (e.g., difficulty).
December 12, 2024 at 1:24 AM
It's interesting and rather unusual to see quantitative estimates based on an online experiment. To be convinced of these estimates, one might expect to see robustness across some dimensions.
December 12, 2024 at 1:24 AM
Great paper!

A few comments after a quick read:
December 12, 2024 at 1:24 AM
What about professor supply, is it responding?
December 11, 2024 at 11:27 PM
I think talent complementarities are generally undervalued (e.g. defensive midfielders in football teams). Do you find this?
December 10, 2024 at 7:59 AM
Reposted by Kenan Kalayci
When will that slender moment slip through the editorial net—
An AI’s line, so deftly worn, no human hand can detect its seam?
When ink and code become indistinct, vowels and circuits entwined,
The old division, poet and machine, will vanish into a subtle dream.
December 6, 2024 at 8:14 PM
I would add that experimental papers should be the same, the goal should be to tell a story.

Experiments should not be aimed at testing a model. We already know all models are wrong, what is the point?
December 2, 2024 at 1:52 AM
I appreciate the move towards more psychologically realistic models, but the idea of building a realistic general model of human behavior is a fantasy.

What is the use of economic models? I'm with Ariel Rubinstein on this; they tell a story/fable. arielrubinstein.tau.ac.il/papers/74.pdf
December 2, 2024 at 1:52 AM
Economists’ risk measures suck because there is no such thing as risk preferences/attitudes. These are theoretical concepts that have no bearing to reality.
November 30, 2024 at 12:15 AM
There is an optimal size.

No one goes to the other place anymore, it is too crowded.
November 29, 2024 at 4:43 AM