fosstodon.org is one of the many independent Mastodon servers you can use to participate in the fediverse.
Fosstodon is an invite only Mastodon instance that is open to those who are interested in technology; particularly free & open source software. If you wish to join, contact us for an invite.

Administered by:

Server stats:

10K
active users

#Money

206 posts120 participants3 posts today

Millions earmarked for N.L. restaurants a nod to an industry that's 'too big to fail,' says chef
The Newfoundland and Labrador government has earmarked millions of dollars to help right the rocky restaurant industry, a move that a St. John's chef says a sign of long-overdue recognition.
#money #restaurant #government #industry #NewfoundlandandLabrador #StJohns
cbc.ca/news/canada/newfoundlan

Thought of the day. #billionaires why do you need that much money? I'm having a hell of a time finding a job because they PAY TOO MUCH! I don't want the headaches of a 150k job when I just want to live in a mini house and read books. Books don't cost a million dollars. What the hell costs a billion dollars that you have to railroad people for? #money #greed

Improving Numerical Measures of Human Feelings: The Case of Pain d.repec.org/n?u=RePEc:lan:wpap
"… proposed and validated a new method to measure the experienced intensity of acute pain across individuals. This method proved to be overwhelmingly more accurate and sensitive than standard, established methods for experimentally-induced acute pain which are used in medical, clinical and research applications
… In the case of experienced pain intensity, the mechanism that enables the new #measurement method to excel might indeed be rooted in its well-calibrated scale: #money.
… Money-free standard methods ask people for numerical estimations of their experiences without a benchmark for the numerical scale, which might lead them to choose salient numbers or intermediate values.
… Monetary amounts provide interpersonally comparable references and thereby reduce the intrinsic subjectivity in pain measurements.
… The use of monetary incentives is unproblematic for those applications, as it is already common practice to reward participation in them"
#ExperimentalEcon #calibration #validity #interpersonalComparison