Bradley Effect, Go Away

Duke's behavioral economist Dan Ariely, author of "Predictably Irrational" and founder of MIT's Center for Advanced Hindsight, was in DC for a talk today. He is a damn entertaining speaker. For example, his advice on wingmen/women: "If you ever go bar-hopping, who do you want to take with you? A slightly uglier version of yourself." If his book is as good as his talk, it's well worth reading.

But what everyone really wants to know is how our irrationality will impact tomorrow's election, and that's where the Q&A went. Unfortunately, Ariely suggested that despite recent reports of its demise, the Bradley/Wilder effect may rear its Putinesque head.

Many recent news articles, and the well-timed Dan Hopkins paper (find it here), question whether the effect still exists. But while Ariely acknowledged that any impact may well be too small to make a difference in the election, he also warned that the impact of political correctness (in this case, discomfort with explicitly discussing race) should not be underestimated. Sigh. . . I guess we'll see; this will probably be the most overanalyzed election in history.

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Given two pills, one that costs ten cents and the other that cost $2.50, with both being simple sugar pills with no possible medical benefit, the more expensive pill works better to ameliorate certain conditions. I'm sure that the pharmaceutical companies will like this!
Yesterday Dan Ariely came to Davidson to give a few lectures and meet with faculty in the Economics, Philosophy, and Psychology departments. Greta attended two of the lectures and had dinner with him (along with the rest of the Davidson Psychology faculty).
At North Carolina State University next week: Seminar: Wednesday, March 10th, 4PM Dr. Dan Ariely James B. Duke Professor of Behavioral Economics, Duke University Who Put the Monkey in the Driver's Seat?

If Obama wins (97% chance of that, I reckon), right-wingers will expend much energy whining about the 'Reverse Bradley Effect', and the 'ACORN Effect'.