Steven Levitt

No matter how expert you may be, well-designed checklists can improve outcomes.

Steven Levitt, Stephen Dubner

Deliberate practice has three key components: setting specific goals; obtaining immediate feedback; and concentrating as much on technique as on outcome.

Steven Levitt

No matter how expert you may be, well-designed checklists can improve outcomes.

Was there Really a Hawthorne Effect at the Hawthorne Plant? An Analysis of the Original Illumination Experiments

The “Hawthorne effect,” a concept familiar to all students of social science, has had a profound influence both on the direction and design of research over the past 75 years. The Hawthorne effect is named after a landmark set of studies conducted at the Hawthorne plant in the 1920s. The first and most influential of these studies is known as the “Illumination Experiment.” Both academics … [ Read more ]

The Science of Economics

In the study “What Do Laboratory Experiments Tell Us About the Real World?” University of Chicago professors Steven D. Levitt and John A. List address the challenges of interpreting experimental work in economics by constructing a model to help shed light on experimental results that likely are generalizable. While the basic strategy underlying lab experiments in the physical sciences and economics is similar, the fact … [ Read more ]

Steven Levitt

So much of what we hear and what we’re taught turns out to be false on closer scrutiny. Whether it is expert advice, what you read in the paper, or what your mother told you, if it is important, take the time to figure out for yourself whether it is really true.

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Economics is not widely considered to be one of the sexier sciences. The annual Nobel Prize winner in that field never receives as much publicity as his or her compatriots in peace, literature, or physics. But if such slights are based on the notion that economics is dull, or that economists are concerned only with finance itself, Steven D. Levitt will change some minds. In … [ Read more ]

Talking ‘Freakonomics’ with Steven Levitt

Why should you avoid using the word “spacious” if you’re trying to sell your house? What does Paul Feldman’s bagel delivery business teach us about corporate corruption? Is there a way to bet on the horses and consistently win? Economist Steven Levitt shares some unconventional insight from his book, Freakonomics: A Rogue Economist Explores the Hidden Side of Everything.

Editor’s Note: this is an audio … [ Read more ]