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Mutual fund companies selectively advertise their better-performing funds. However, investors respond to advertised performance data as if those data were unselected (i.e., representative of the population). We identify the failure to discount selected or potentially selected data as selection...
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Consumers often face decisions about whether to purchase products that are intended to protect them from possible harm. However, safety products rarely provide perfect protection and sometimes “betray” consumers by causing the very harm they are intended to prevent. Examples include vaccines...
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Breaking the Deadlock by Judge Richard Posner is a provocative book about the controversy surrounding the 2000 Presidential election. Posner's tone is characteristically confident and his assaults on those he disagrees with (e.g. the Florida Supreme Court and the legal academy) are pointed and...
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