lukestein’s avatarlukestein’s Twitter Archive—№ 12,984

          1. A Twitter story Act I. I see this tweet👇 and DM old friend @ben_golub saying “yeah, that’s definitely not right, the seller would just invert Zillow’s signal, etc,, but I don’t want feel like a late night fight with a big account.” Ben’s like “I do.” @quantian1/1456310111148859398
            Permalink On twitter.com Twitter logo lukestein’s avatar ♻️ 8 Retweets ❤️ 59 Favorites Mood +6 🙂
        1. …in reply to @lukestein
          Act II. I go to sleep. Ben tweets. @ben_golub/1456456937667809280
          Permalink On twitter.com Twitter logo lukestein’s avatar ♻️ 1 Retweets ❤️ 13 Favorites Mood 0
      1. …in reply to @lukestein
        Act II. Turns out that while OP’s original post implied seller’s 𝘦𝘴𝘵𝘪𝘮𝘢𝘵𝘦 𝘰𝘧 𝘷𝘢𝘭𝘶𝘦 was N(1,s) but instead solved as if seller’s 𝘳𝘦𝘴𝘦𝘳𝘷𝘢𝘵𝘪𝘰𝘯 𝘱𝘳𝘪𝘤𝘦 were N(1,s), per this tweet👇 @quantian1/1456461602757169153 Bayesian updating: when will they ever learn?
        Permalink On twitter.com Twitter logo lukestein’s avatar ♻️ 1 Retweets ❤️ 19 Favorites Mood +1 🙂
    1. …in reply to @lukestein
      Act III. @Noahpinion and @ShengwuLi point out this is just Milgrom–Stokey 80. Of course, “this is pointless economist bullshit” because even though OP set up a model without e.g., noise traders and then solved it incorrectly, the real world is complicated so shut up nerds. @quantian1/1456463413731897345
      Permalink On twitter.com Twitter logo lukestein’s avatar ♻️ 1 Retweets ❤️ 23 Favorites Mood -1 🙁
  1. …in reply to @lukestein
    ACT IV. Wake up. Check notifications. Tweet this. Academics be like [Figure 1 goes about here] Practitioners be like [Figure 2 goes about here]
    oh my god twitter doesn’t include alt text from images in their APIoh my god twitter doesn’t include alt text from images in their API
    On twitter.com Twitter logo lukestein’s avatar ♻️ 1 Retweets ❤️ 32 Favorites Mood +4 🙂