Media Responsibility & Standards for Reporting on COVID-19 Vaccines
Journalists have a difficult task when reporting on vaccines. There is a tension between generating topical stories and avoiding providing a platform for anti-vaccine activists. However, traditional sources for credible, trustworthy news are being exploited as hosts for the spread of disinformation.
While a majority of the population in Canada and the United States are onboard with vaccines, about one-third are hesitant and ten percent are opposed. In order to achieve herd immunity, over 70% of the population needs to get vaccinated.
Because vaccines are our best tool for ending the…
Behavioral Economics is the science of how people make decisions. What does it tell us about vaccine hesitancy?
1. The old way of thinking is that people are like calculators and robots, as in information and rules in, and behavior will just match to that. Sidewalks end up being designed at right angles instead of how we really move. But it’s not just sidewalks, it’s all kinds of policies and programs that are mismatched.
2. And it goes further: we expect the world to match to our wants and needs, but sometimes that means we change our perception of reality…
Jeff Haden’s “8 signs an employee is exceptional” is a fantastic list (especially the shout-out to “quirky”)!
One thing I would add to the roster is scientific thinking.
Scientific thinkers embrace:
humility – because they resist the temptation to be overconfident in their ideas and accept that new data might require them to update their beliefs,
objectivity – they cautiously audit their thinking for bias; are transparent in their thinking openly declaring all assumptions and potential conflicts; and when arguing, they do not make straw men out of counter arguments,
clarity – they promote the use of operational definitions in…
Dear friends asking me for investing advice on cryptocurrencies,
I can’t say what you should invest in or even if you should invest.
What I can say, from the general knowledge of behavioural economics, is that an investing strategy ought to be idiosyncratic and requires knowing what risk capacity a person has, both financially (which would incorporate goals, life stage, net worth, & cash flow) and emotionally (risk perception, risk preference). Further, an investing strategy requires holistic knowledge of all of our investing options, which there are a myriad of. Investing options aren’t just cryptocurrecies, ICOs, or blockchain entities. You…
Speech notes on the Impact of the Financial Advisor on Investor Performance at the Advocis Symposium 2017
It was a joy to present with Paul Bourque, president and CEO, IFIC; Claire Tsai, Associate Professor of Marketing, University of Toronto; and Al Jones, Vice Chair, Advocis Board of Directors and a financial advisor at the Advocis Symposium 2017.
Key points from my talk included:
a. Measuring Gamma is the right direction for the evaluation of the performance of financial advice
b. Measuring gamma is difficult, but it is vital to operationalize key behaviors
2. On the impact of financial…
The Science of Ritual
Sometimes science works in mysterious ways.
It is scientifically impossible that touching a baseball glove can affect the outcome of a game. But before every game, my friend Lith touched the baseball glove of her second baseman before she would head out to the field and take her place leading third base. She believed that there was something magical about the glove-to-glove contact. More likely what transpired was a connection between two players that helped them focus and ensure they were in sync and able to successfully execute high-speed plays on the field. …
CEO and CoFounder at BEworks, Faculty Lecturer at Rotman School of Management (University of Toronto)