So today the Super Soaraway Sindo has a breathess shock horror piece about academic salaries. The headline is “25% of university academics earn more than 100k”
The numbers appear to refer to the sector as a whole. 1093 people earn more than 100k. But the sector as a whole has (as from p 41) 22648 persons, of whom 9056 are academic.
So, 1093 / 4229 = 25.8% but 1093 / 9056 = 12.1% and indeed 1093 / 22638 = 4.8%
Which makes a better headline? Why would the Sindo mislead?
Its also notable that the same SuperSindo has not deigned to comment one way or another on the recent reports on the impact of the Higher Education sector. Now, im sure that that was an oversight. I mean, they wouldnt have an agenda or anything would they?
The debacle surrounding Irish water, which is by no means yet resolved, has highlighted once again the importance of communications. Indeed, much of the blame in relation to Irish water is being laid at the door of communications, from the company and from the government. Personally, I dont think any amount of communication genius could have sold the system as it was. Part of the problem is how we react to debate in this polity. Continue reading
One of the nicer things about Ireland is the Phoenix Park. Amazingly tame deer, looking good nowadays w full antlers (‘pointy things on them heads’ as the toddler declaimed)
The first DBEF Symposium is to be held on 6 December 2014, in the Sutherland Center, 6th Floor, Arts Building, TCD. The papers are noted below and will be presented by the underlined/italicised author. Complete papers and presentations, when available, will be linked here.
No fee applies to the conference but registration is required. Each paper will be presented for a max of 30m , and a the conclusion of the session papers questions will be taken.
0915-0930 : Introduction to the colloquium and to the Journal of Behavioural And Experimental Finance Brian Lucey and Michael Dowling
0930-1100 Session 1 Placement
- Frenemies: Information Sharing Among Competing Fund Managers Bernard Ganglmair U Texas at Dallas ; Alex Holcomb & Noah Myung Naval Postgraduate School and University of Virgini
- Under-pricing of IPO’s in Experimental Markets Sascha Füllbrunn, Radboud University Nijmegen Tibor Neugebauer University of Luxembourg Andreas Nicklisch University of Hamburg
1115-1245 Session 2 People
- CEO Social Status and Corporate Acquisitiveness Michael Dowling, Liam Gallagher and Yulia Plaksina, Dublin City University
- Trading and beliefs in markets with information flows – does market micro-structure matter? Caroline Bonn & Florian Lindner University of Innsbruck, David Schindler , Ludwig Maximilian University of Munich
1345-1500 Session 3 Products
- The “Objective Valuation” Task: A New Technique for the Study of Product Complexity Pete Lunn, Economic and Social Research Institute (ESRI) & Trinity College Dublin
- Behavioral Aspects of the Regulation of retail gasoline prices Martin Angerer & Georg Peter U Liechtenstein
1500-1700 Session 4 Psychology
- Taking Individual Financial Responsibility Dirk Brounen, Kees Koedijk, and Rachel Pownall Tilburg University
- Psychological Barriers in Traded Metal Prices Mark Cummins and Michael Dowling, Dublin City University Brian Lucey Trinity College Dublin
- Risk preferences, finance and constitutional change Liam Delaney, Stirling
1700-1800 Keynote Behavioral Finance From the Mind to the Market Greg B. Davies, Barclays
Last night I went out, to try and buy some drugs. This didn’t work out as I thought… Turns out it’s not so easy
It’s little wonder that the Irish government has not pressed harder against the European central banks approach to the Irish banking crisis. The reality seems to be that both are very similar, in at least one key characteristic. Both seem unable to accept that a mistake, once made, should be acknowledged as such, and that this does not have to represent a humiliating climbdown but rather evidence of a learning organisation. Continue reading