There’s an old saying that we shape our buildings and environments and then they in turn shape us.
Here is a fascinating research report about “the influence of physical elevation in buildings on risk preferences.” I discovered it through this MarketWatch article, which my friend John forwarded me this afternoon.
Here is a quote from the article:
We then examined the correlation between hedge-fund volatility and office location in terms of number of stories above ground. We found that as the elevation of hedge-fund managers’ offices increased, they were more willing to take risks that resulted in more volatility. This was true even when statistically controlling for factors such as total assets, fund strategy and several other variables that could have led more resourceful hedge funds to occupy expensive offices that are often found on higher levels of buildings.
Does this mean taller cities are also more volatile cities? Assuming this is all true, it once again proves that we are maybe not the rational decision makers that many us probably think we are.
Photo by Hala AlGhanim on Unsplash
This is an interesting study from a team of AI researchers at Stanford. What they did was use car images taken directly from Google Street View (so images of cars parked on-street) to predict income levels, racial makeup, educational attainment, and voting patterns at the zip code and precinct level.
Admittedly, it’s not a perfect survey, but when they compared their findings to actual or previously collected data (such as from the American Community Survey), it turns out that their study was actually remarkably accurate. Google Street View allowed them to survey 22 million cars, or about 8% of all cars in the US.
Here are some of the things they found:
- Toyota and Honda vehicles are strongly associated with Asian neighborhoods.
- Buick, Oldsmobile, and Chrysler vehicles are strongly associated with black neighborhoods.
- Pickup trucks, Volkswagens and Aston Martins are strongly associated with white neighborhoods.
Interestingly enough, the ratio of pickup trucks to sedans, alone, is a pretty reliable indicator of voting patterns. If a neighborhood has more pickup trucks than sedans, there’s an 82% chance it voted Republican in the last election.
Perhaps this isn’t all that surprising given that car purchases are highly symbolic. But given that the American Community Survey costs $250 million a year to administer, this study is a good preview of what cheaper and more realtime data collection might look like.
I am one of those people that gets annoyed when people don’t follow proper escalator etiquette. The etiquette being: stand on the right; walk on the left. Some cities – London and Tokyo come to mind – are draconian about this.
But it turns out that this is not always the best way to optimize throughput. A recent study conducted in London found that during peak periods – such as the morning rush hour – it is actually better for everyone to stand still.
What they found was that when 40-60% of people chose to walk up on the left, maximum throughput was 115 passengers per minute. But when everyone stood still maximum throughput increased to 151 passengers per minute.
The reason for this is that walking takes up more space than staying put on one step. When demand is low, this has no impact on capacity. But as soon as people start slowing down to avoid the set of legs in front of them, a bottleneck occurs and capacity starts to drop.
This is not dissimilar to what happens in traffic jams. Imagine if during peak periods all of the cars could separate themselves by only a few inches and travel at exactly the same (slow) speed. That’s not going to happen until self-driving cars hit the road, but it would be more efficient than the current chaos of distracted drivers starting and stopping.
All of this being said, since this finding only applies during very busy times, I plan to continue being annoyed when proper escalator etiquette is not followed.