- Smoking and Ill Health: Does Lay Epidemiology Explain the Failure of Smoking Cessation Programs Among Deprived Populations? — Here we pose the question of whether the poorer life chances of those who continue to smoke in effect constitute a rational disincentive to their avoidance or cessation of smoking. (via bengoldacre on Twitter)
- Scaling the New Bar for Latency in Financial Networks — Since the first trade to the market gets the best price, the delivery of a buy or sell order must be as fast as possible. Just a little more than a year ago, firms were concentrating on removing milliseconds from their network; today, a mere 250 nanoseconds make a difference. (via economicsnz on Twitter)
- Cataloging Bibliographic Data with Natural Language and RDF (OKFN) — In the grand tradition of W3C IRC bots, I’ve started some speculative work on a robot that tries to understand natural language descriptions of works and their authors and generates RDF. It is written in Python and uses ORDF, the NLTK and FuXi.
- Eurotrash Security — European infosec podcast. Latest episode features Ivan Ristic on SSL. (via ivanristic on Twitter)
ENTRIES TAGGED "behavioral economics"
Vodafone to launch a mobile wallet, a startup mines the science of shopper behavior, and a kickstarter campaign to bring NFC to iOS.
Here are a few stories that caught my attention in the commerce space this week.
Vodafone partners up to launch a new mobile wallet platform
Yet another mobile wallet is gearing up to hit the market in 2013. Vodafone announced a partnership with m-commerce company CorFire and digital security company Gemalto to launch the platform in the first quarter of 2013 in Germany and Spain with plans to expand across Europe, according to a report at Bloomberg.
Natasha Lomas at TechCrunch reports that the initial rollout will focus on NFC-equipped Android devices and that the services “will be compatible with the standards chosen by Weve” (formerly known as Project Oscar). According to Lomas, Dr. Jae Chung, CorFire’s president and CEO, noted the platform’s potential in a released statement: “Vodafone’s customer base spans across more than 30 countries, which means our partnership may become one of the biggest, global implementations of NFC and mobile commerce.”
James Wester at Mobile Payments Today reports that Vodafone’s plan for its more than 400 million subscribers around the globe goes beyond the mobile wallet — plans include developing the platform so that third-party service providers can access the subscriber base.
Rational Smoking, Latency Poor, NLP Cites, Security Podcast
Health, Profit, Policy, and Semantic Web Software
- The Men Who Stare at Screens (NY Times) — What was unexpected was that many of the men who sat long hours and developed heart problems also exercised. Quite a few of them said they did so regularly and led active lifestyles. The men worked out, then sat in cars and in front of televisions for hours, and their risk of heart disease soared, despite the exercise. Their workouts did not counteract the ill effects of sitting. (via Andy Baio)
- Caring with Cash — describes a study where “pay however much you want” had high response rate but low average price, “half goes to charity” barely changed from the control (fixed price) response rate, but “half goes to charity and you can pay what you like” earned more money than either strategy.
- Behavioural Economics a Political Placebo? (NY Times) — As policymakers use it to devise programs, it’s becoming clear that behavioral economics is being asked to solve problems it wasn’t meant to address. Indeed, it seems in some cases that behavioral economics is being used as a political expedient, allowing policymakers to avoid painful but more effective solutions rooted in traditional economics. (via Mind Hacks)
- Protege — open source ontology editor and knowledge-base framework.