I haven't been paying much attention to my Netflix queue lately and the result has been some discs I haven't been too too excited to watch. This got me wondering why there weren't more good movies in my queue. After all, I don't watch much in the theater, so there must be some good stuff out there I am missing. But as I browse through the recommendations Netflix is giving me, I see a clear case of selection bias. Netflix is recommending films for me, but they are based only on what I have gotten from Netflix before. Those movies I really wanted to see, I shelled out $8 for and saw in the theater- so Netflix has no idea I saw these and can't base recommendations off of them.
This reminds me of Geithner's recent proposals to have more government oversight of financial firms. Let's hope that any additional regulation won't suffer from the same problems as my Netflix queue. That is, Geithner needs to do more than look at what caused this crisis- he needs to understand what will cause the next.
This reminds me of Geithner's recent proposals to have more government oversight of financial firms. Let's hope that any additional regulation won't suffer from the same problems as my Netflix queue. That is, Geithner needs to do more than look at what caused this crisis- he needs to understand what will cause the next.
