Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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AI overestimates how smart people are, according to HSE economists
Scientists at HSE University have found that current AI models, including ChatGPT and Claude, tend to overestimate the rationality of their human opponents—whether first-year undergraduate students or ...
When you try to understand people and explain why they do what they do, what frame do you use? The most common, intuitive (and highly useful) approach is the “belief-desire” frame. That is, people in ...
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