Todd Suomela's Library tagged skills →  View Popular

..the economic problems of the future will not be about growth but about something more nettlesome: the ineluctable increase in the number of people with no marketable skills, and technology's role not as the antidote to social conflict, but as its instigator.

www.washingtonpost.com/...AR2009080702043_pf.html - Preview

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In the late sixties the Canadian psychologist Laurence J. Peter advanced the apparently paradoxical principle, named since then after him, which can be summarized as follows: "Every new member in a hierarchical organization climbs the hierarchy until he/she reaches his/her level of maximum incompetence". Despite its apparent unreasonableness, such a principle would realistically act in any organization where the way of promotion rewards the best members and where the competence at their new level in the hierarchical structure does not depend on the competence they had at the previous level, usually because the tasks of the levels are very different between each other. Here we show, by means of agent based simulations, that if the latter two features actually hold in a given model of an organization with a hierarchical structure, then not only the "Peter principle" is unavoidable, but it yields in turn a significant reduction of the global efficiency of the organization. Within a game theory-like approach, we explore different promotion strategies and we find, counter intuitively, that in order to avoid such an effect the best ways for improving the efficiency of a given organization are either to promote each time an agent at random or to promote randomly the best and the worst members in terms of competence.

arxiv.org/0907.0455 - Preview

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Learning, Arts, and the Brain, a study three years in the making, is the result of research by cognitive neuroscientists from seven leading universities across the United States. In the Dana Consortium study, released in March 2008, researchers grappled with a fundamental question: Are smart people drawn to the arts or does arts training make people smarter?

www.dana.org/...publication.aspx - Preview

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New information and communication technologies, we argue, have been ‘power- biased’: they have allowed firms to monitor low-skill workers more closely, thus reducing the power of these workers. An efficiency wage model shows that ‘power-biased technical change’ in this sense may generate rising wage inequality accompanied by an increase in both the effort and unemployment of low-skill workers. The skill-biased technological change hypothesis, on the other hand, others no explanation for the ob- served increase in effort.

ideas.repec.org/...ecineq2005-06.html - Preview

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another Michael Lewis sport profile, a la Moneyball. Let's apply statistics to basketball !

www.nytimes.com/...15Battier-t.html - Preview

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www.studystack.com - Preview

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