spending time

The proposed U.S. federal government budget for 2009 cuts funding for the American Time Use Survey. The survey program costs $6 million per year to administer for its full sample design. That seems to me to be a small amount to spend for high-quality, publicly available data very relevant for understanding value generation in the … Continue reading spending time

television serves couch potatoes

Most television watching is best modeled as a two-stage decision process. First, a person decides to watch television. That means the person sits on a couch and stares vacantly at a large screen a few yards away. Then the person decides what to watch. That means choosing among current, salient video programming offerings. These two … Continue reading television serves couch potatoes