Monday, February 27, 2017

behavioral economics in the news

Or at least in the newspaper.


More accurately: Having five cats allows you to have cat companionship about two-thirds of the time*. Corollary: More than five cats are necessary to maximize your cat companionship potential :)

Actually, does this all-too-common statistical error even have a name? Surely the psychologists have named it.

Hat tip to my mom. (Obviously - who else would email me newspaper clippings of terrible cat jokes?)

~~~

* Assuming cats' desire for companionship is independently distributed, which isn't true but innocuous enough as these things go...

1 comment:

JohnRaymond said...

I think you have an opportunity to develop some hypothesis about cat behavior: i) If cat x is showing affection to a human, then the other cats will have no desire to do so, given the jealousy tendencies, or ii) If cat x is showing affection to a human, then the other cats may think the cat is receiving affection back and want some too and thus start showing affection too. etc. etc.