Feminists believe that women are paid less than men for no good economic reason. If this is the case, feminists should invest in companies that hire many women, and short those which hire few women, to take advantage of the cheaper labour costs.
McKinsey did find that companies with a higher percentage of female outperform their competitors. But it could simply be that more forward thinking companies hire more woman. It’s difficult to estimate to what extend those factors are currently priced into stock values.
Can you think of any unusual LW-type beliefs that have strong economic implications (say over the next 1-3 years)?
If the leadership of companies would learn CFAR style skills those companies would perform better.
Experts who get feedback on the prediction they make perform better so companies should put structures into place where their leadership makes data based decisions and get’s feedback. You can pay out bonuses by giving employees chips for the internal prediction market of the company.
McKinsey did find that companies with a higher percentage of female outperform their competitors.
I mentioned this elsewhere in the thread, but I thought I would point out here that I checked the McKinsey web site for the city where I work—New York. It seems that 84% of the senior managers in New York are men.
McKinsey did find that companies with a higher percentage of female outperform their competitors. But it could simply be that more forward thinking companies hire more woman. It’s difficult to estimate to what extend those factors are currently priced into stock values.
If the leadership of companies would learn CFAR style skills those companies would perform better.
Experts who get feedback on the prediction they make perform better so companies should put structures into place where their leadership makes data based decisions and get’s feedback. You can pay out bonuses by giving employees chips for the internal prediction market of the company.
I mentioned this elsewhere in the thread, but I thought I would point out here that I checked the McKinsey web site for the city where I work—New York. It seems that 84% of the senior managers in New York are men.
http://www.mckinsey.com/global_locations/north_america/northeast/en/our_people
I also checked their web site for California, it seems that roughly 80% of the senior managers are men:
http://www.mckinsey.com/global_locations/north_america/west_coast/en/our_people
Ditto for the Southern office:
http://www.mckinsey.com/global_locations/north_america/southern/en/our_people