• for: meme - business - socialize costs / privatize benefits

• meme: business and industry

  • socialize costs / privatize benefits

Michael Bang Petersen. (2021, March 17). This is worsened as costs of #covid19 are not mentally similar to costs of side effects, even if the latter are less risky. People prefer controllable risks to uncontrollabe risks, even if less lethal (https://t.co/kSIcObWYmT). That is why you fear flying but not driving. [2/2] [Tweet]. @M_B_Petersen. https://twitter.com/M_B_Petersen/status/1372103708218159109

ReconfigBehSci. (2022, January 20). @OmicronData @timcolbourn I think there might be a difference here between what you are putting forward and what @timcolbourn is arguing any rational individual should be for analysing the expected costs and benefits of a course of action, and I assume we all agree on that. 1/2 [Tweet]. @i. https://twitter.com/i/web/status/1484080972459134976

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ReconfigBehSci on Twitter. (n.d.). Twitter. Retrieved 3 March 2021, from https://twitter.com/SciBeh/status/1351453660396605440

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McLaughlin, Patrick A, and Casey B Mulligan. ‘Three Myths about Federal Regulation’. Working Paper. Working Paper Series. National Bureau of Economic Research, May 2020. https://doi.org/10.3386/w27233.

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If Sick-​Leave Becomes More Costly, Will I Go Back to Work? Could It Be Too Soon?. COVID-19 and the Labor Market. (n.d.). IZA – Institute of Labor Economics. Retrieved August 4, 2020, from https://covid-19.iza.org/publications/dp13379/

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Hadavand, A., Hamermesh, D.S., & Wilson, W.W. (2020). Is scholarly refereeing productive (at the margin)? The National Bureau of Economic Research. https://www.nber.org/papers/w26614

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Estimated economic benefit of data linkage

the potential value from linking Census data to administrative data sets is only beginning to be realised and holds immense potential.(In other work for the Population Health Research Network, Lateral Economics concluded that data linkage generated over $16 for every dollar invested).

Economic benefit of the Census.

Our estimates suggest the benefits of running the Census easily outweigh its costs in the order of$6 of economic value for each $1 it costs. On this reckoning, the cost of the Census would have to rise to six times its current cost –to around $3 billion every five years –before it startedto become cost ineffective