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I will get to the best thing eventually…in the meantime:
From Mind Your Decisions:
Handbag companies were not happy to see reality star Snooki on Jersey Shore vomit in their handbags and defile their brands.
And so, they fought back in an interesting way. Via NBCPhiladelphia:
Well, it ends up that fashion powerhouses like Gucci and Coach have been [...]
Tags: Game Theory · The Simpsons
I wrote a few weeks ago about why it might not be the best idea to play board games involving play money with an economist. My explanation was inflation-related, but apparently there are other reasons. Reader Kit points me to NPR’s Planet Money:
If you think a regular Monopoly game takes forever, try playing [...]
Tags: Follow Ups · Game Theory · Just For Fun
In general, I am very much of the mindset that understanding basic economics is crucial to not sucking at life. Think about it- economics can help people be smart consumers, can prevent people from being fooled by politicians, etc. That said, being the type of person who turns life into one big cost-benefit [...]
Tags: Decision Making · Game Theory · The Simpsons
Forbes magazine has a profile of Al Roth and his work in game theory, experimental economics and market design:
Alvin Roth sees plenty of ways economics can make a difference in people’s lives. In contrast with the authors of bestselling books like Freakonomics, who are fascinated by obscure but intriguing questions like how to detect [...]
Tags: Game Theory · Markets · Random Links
(Subtitle: “Misalignment of incentives: There’s an app for that.”)
I wrote last year about the (sometimes perverse) incentives that splitting the check at a restaurant creates. Since I am not only an economist but also a techno geek, I couldn’t help but point out that there is now an iPhone app that allows you to [...]
Tags: Follow Ups · Game Theory · Incentives
