Social and Behavioral Sciences Commons^™

Taking Multiple Regression Analysis To Task: A Review Of Mindware: Tools For Smart Thinking, By Richard Nisbett (2015), Jason Makansi

Numeracy

Richard Nisbett. 2015. Mindware: Tools for Smart Thinking.(New York, NY: Farrar, Strauss, and Giroux). 336 pp. ISBN: 9780374536244

Nisbett, a psychologist, may not achieve his stated goal of teaching readers to “effortlessly” extend their common sense when it comes to quantitative analysis applied to everyday issues, but his critique of multiple regression analysis (MRA) in the middle chapters of Mindware is worth attention from, and contemplation by, the QL/QR and Numeracy community. While in at least one other source, Nisbett’s critique has been called a “crusade” against MRA, what he really advocates is that it not be used as …

The Ultimatum Game: An Introduction To Quantitative Literacy In A Social Justice Context, Robert G. Root

Numeracy

The Ultimatum Game is a two-person, multiple-strategy game widely used in the experimental social sciences to demonstrate the human propensity for costly punishment in response to inequitable treatment. The game serves to provide quantitative evidence for a diversity of fairness norms across cultures. The play of the game and its interpretation offer nuanced views of the nature and importance of quantitative literacy. Its use in a writing seminar connecting quantitative literacy and social justice is described.

The Martingale Approach To Financial Mathematics, Jordan M. Rowley

Master's Theses

In this thesis, we will develop the fundamental properties of financial mathematics, with a focus on establishing meaningful connections between martingale theory, stochastic calculus, and measure-theoretic probability. We first consider a simple binomial model in discrete time, and assume the impossibility of earning a riskless profit, known as arbitrage. Under this no-arbitrage assumption alone, we stumble upon a strange new probability measure Q, according to which every risky asset is expected to grow as though it were a bond. As it turns out, this measure Q also gives the arbitrage-free pricing formula for every asset on our market. In …

Understanding The Impact Of Peer-Led Workshops On Student Learning, Afolabi Ibitoye, Nadia Kennedy, Armando Cosme

Publications and Research

As students we often wonder why some subjects are easy to understand and requires not much effort in terms of re-reading the material, for us to grasp what it entails. One subject seems to remain elusive and uneasy for a vast majority of learners at all levels of education; that subject is Mathematics, it is one subject that most learners finds difficult even after doubling the amount of time spent on studying the material. My intention is to explore ways to make Mathematics easier for other students using feedback from students enrolled in NSF mathematics peer leading workshops, and use …

Call For Abstracts - Resrb 2019, July 8-9, Wrocław, Poland, Wojciech M. Budzianowski

Wojciech Budzianowski

No abstract provided.