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- Test Your Intuition (21): Auctions
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- Answer: Lord Kelvin, The Age of the Earth, and the Age of the Sun
- Itai Ashlagi, Yashodhan Kanoria, and Jacob Leshno: What a Difference an Additional Man makes?
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Category Archives: Economics
Basic Open Research and Failed Institutions – Imagine
Imagine if in the last ten years before the collapse, the huge failed financial and insurance institutions had had independent research units devoted to doing basic, open, and critical research on matters of relevance to the business, ethics, and future of these institutions. Might it have made a small … Continue reading
The Hex-Voting-Rule (Not Recommended)
Blue wins – if there is a right to left continuous path of blue regions Red wins – if there is north to south continuous path of red regions (A region is red or blue according to the majority of … Continue reading
Posted in Economics, Games
12 Comments
Malawi
Malawi Here are two additional sectionettes from my ”Notices of the AMS” book review entitled ”Economic and Common Sense” on Steven Landsburg’s book “More Sex is Safe Sex – the unconventional wisdom of economics”. Both sectionettes deal with Government intervention in economics. The first is about fertilizer … Continue reading
Posted in Economics
Tagged Bailout, Crisis, Fertilizers, Inflation, Malawi, Subsedies
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The Prisoner’s Dilemma, Sympathy, and Yaari’s Challenge
Correlation and Cooperation In our spring school devoted to Arrow’s economics, Menahem Yaari gave a talk entitled “correlation and cooperation.” It was about games as a model of people’s behavior, and Yaari made the following points: It is an empirical fact … Continue reading
Posted in Economics, Games, Philosophy, Rationality
Tagged Cooperation, Correlation, Prisoner dilemma
2 Comments
Arrow’s Economics 1
The annual Summer School in Economics at HU was directed until last year by Kenneth Arrow, along with Eyal Winter. Arrow decided this year to step down as a director and Eric Maskin is replacing him. The 2008 Summer School was … Continue reading
What do Firms Want?
Here is another little sectionette from my book review ”Economics and Common Sense” on Steven Landsburg’s book “More sex is Safe Sex: The Unconventional Wisdom of Economics”, that just appeared on the AMS Notices site. Of course this topic can lead to a lovely … Continue reading
Posted in Book review, Economics
Tagged Book review, Economics, Firms, Notices of the AMS, Steven Lundsburg
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Is More Sex Safe? A book review.
I was asked by the Notices of the AMS to review the book “More Sex is Safe Sex: The Unconventional Wisdom of Econmics” by Steven E. Landsburg. My review entitled “Economics and Common Sense”, will appeared in the June/July issue of the Notices and … Continue reading
Posted in Book review, Economics
Tagged Book review, Economics, Malka Heller, Rationality, Sex, Steven Landsburg
11 Comments