Economists Do It With Models

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Entries Tagged as 'Fun With Math'

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An Implicit Tax Hike On Irrationality, Lottery Edition…

December 13th, 2013 · 12 Comments
Behavioral Econ · Decision Making · Fun With Math

Lots of people like saying that playing the lottery is a bad bet- and it is, mathematically speaking. If you ever need to convince someone of this, allow me to suggest the following argument: Let’s say you had the option to put a dollar into a collection along with 9 other people. One of the […]

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Tags: Behavioral Econ · Decision Making · Fun With Math

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Deep Thoughts: What Would A Monty Hall Problem For Animal Lovers Look Like?

October 28th, 2013 · 4 Comments
Fun With Math · Game Theory

I first learned about the Monty Hall problem my sophomore year of college, and then, for some reason that I can’t even begin to remember, it was also discussed at the beginning of my graduate micro theory course. In other words, I’ve been annoyed by this problem for a good long while now. The problem […]

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Tags: Fun With Math · Game Theory

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Lagrange Multipliers, Or Econgirl’s Foray Into Real Math…

January 30th, 2012 · 6 Comments
Fun With Math · Videos

I get very frustrated when people say things like “I can’t do economics because I’m not good at math,” since I feel strongly that basic economics isn’t about math, and there is plenty that people can understand about economics without trudging through a bunch of algebra. That said, I am teaching graduate students this semester, […]

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Tags: Fun With Math · Videos

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Adventures In Fact-Checking, GOP Debate Edition…

September 8th, 2011 · 29 Comments
Fun With Math

Those who know me know that I’m not particularly inclined to universally agree or disagree with any political party. Those who know me also know that I get really annoyed when people brashly make factual statements that aren’t even close to being true. Therefore, political debates are always, uh, fun for me. The latest GOP […]

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Tags: Fun With Math

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Why Publication Bias Matters, In One Cartoon…

April 6th, 2011 · 11 Comments
Fun With Data · Fun With Math

If you’ve been reading here for a while, you know that the correlation does not imply causation thing really gets me into a tizzy. What you probably don’t know is that this issue is not my only pet peeve with a lot of empirical research. (Shocking, I know.) Let me start by giving a bit […]

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Tags: Fun With Data · Fun With Math

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Random Link: Where Are The Female Economics Bloggers?

March 27th, 2011 · 21 Comments
Fun With Math · Gender · Random Links

That’s the question that Matthew Kahn poses in The Christian Science Monitor: There are 39 women who rank in the top 1000 and 0 of them blog. Contrast that with the men. Consider the top 100 men. In this elite subset; at least 8 of them blog. Consider the men ranked between 101 and 200. […]

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Tags: Fun With Math · Gender · Random Links