Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere

Accidental Economist. Prof at @warwickecon and @unibonn. Visiting Prof @GRI_LSE. Fellow @STICERD_LSE. ERC STG. CEPR @cepr_org & Associate Editor @EJ_RES.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

The business with the business with the state...

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

@Noahpinion Soon you may soon discover of the EU or DE subsidy origins of the CN solar industry…

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

@alexolegimas @infornomics @JulianDJacobs @GoogleDeepMind Most likely because of the mechanism of delivery of these programs — I am wondering if or when or how the UK EU recommended Work Program post 2010 worked out long term — there the issues were of a different nature. Making “discovery” less perceived risky surely is desirable…

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

It should be obvious that, if behavioral targeting, exploitation of behavioral biases/cognitive limitations prevails, then only a "crowd stochastic noise" revolution can help rebalance power in economies. That is: we need to add more random choices in our day-to-day life.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Pinkland awakens...🌞🔥

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Just squeezing a bit of inflation here, and there...

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

All just... projection issues.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Projections can fix things — sort of.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

It will be interesting to see how the next 6 weeks shape up...

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

T/S: 0 = 1 or, the encoding of the first bit.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

a close look at the UK-GCC trade deal is warranted:
https://t.co/bW60lBCAJV

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

⤵️

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

In an abstract term, we may be seeing the budding by force of a new "single market" in the east. A new geography demands it.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

@edenhofer_jacob I blame it on the natural "gravity" of Oxford

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

@edenhofer_jacob You ask yourself this only just now? How long have you lived there now 🤣

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

This is a complex way of saying sth "simple". So here is another attempt, which, invariably is also "noisy". The paper's core point is that apparent between group heterogeneity may be an artifact of the observed/latent preference-support distribution.

That is: the estimated...

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Should flag up here this related longer write up:

https://t.co/8MwbN91CxB

And

https://t.co/GWTQ7aDqwk

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

This is a complex way of saying sth "simple". So here is another attempt, which, invariably is also "noisy". The paper's core point is that apparent between group heterogeneity may be an artifact of the observed/latent preference-support distribution.

That is: the estimated...

[Matt Grossmann @MattGrossmann]

Gilens' data shows responsiveness to low-income public opinion for both issues where affluent favor change more & less. Seeming lack of responsiveness is due to a higher rate of policy change when the rich favor more
Article: https://t.co/maFg2KY2Se
Post: https://t.co/7IphIPpF0h

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

conscious they are doing it for want of producing knowledge or owing to (perceived) status returns in authority markets that have not well adapted to technological change. It may have unintended consequences.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

⬇️

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Inference will meet retrieval.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

This case is really interesting and one that illustrates the role that licensed occupations in society. I think it also illustrates some arbitrariness, traces of feudalism and highlights how AI may disrupt legal services. A short journey through this "story" with AI....1/N

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Nice paper!

[Gabriele Gratton @grattonecon]

As I read all the expert opinions on how to protect democracy from populism, I keep returning to our simple framework with @edenhofer_jacob. How we got into cycles of excesses of technocarcy and populism, and what we should not do if we want a way out.
https://t.co/THu3DCqAqC

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Izzo, Federica, Gregory J. Martin, and Steven Callander. 2023. “Ideological Competition.” American Journal of Political Science 67 (3): 687–700. https://t.co/8N1lgVLxF1.

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

See here for the central paragraphs of our blogpost. Below, let me draw your attention to two theoretical papers that motivate this.

[Understanding Society @usociety]

How empty high streets contribute to support for populist parties in England

Our study has been used in the @LSEforBusiness
blog with @fetzert @Prashant_Garg_
@edenhofer_jacob

https://t.co/YiYZ2agMzV

[Thiemo Fetzer 🇪🇺🇺🇦 - same handle elsewhere @fetzert]

Levy, Gilat, Ronny Razin, and Alwyn Young. 2022. “Misspecified Politics and the Recurrence of Populism.” American Economic Review 112 (3): 928–62. https://t.co/youutgGf4d.