One of the most fundamental concepts in finance is the efficient markets hypothesis. In case you are unfamiliar with the concept, here’s a bit of background: The efficient markets hypothesis has historically been one of the main cornerstones of academic finance research. Proposed by the University of Chicago’s Eugene Fama in the 1960′s, the general [...]
Entries Tagged as 'Markets'
On The Efficient Markets Hypothesis, Or, How Cats Are The New Monkeys With Dart Boards…
January 19th, 2013 · 1 Comment
Buyer Beware · Finance · Markets
Tags: Buyer Beware · Finance · Markets
Some Fun With Holiday Price Gouging…
December 31st, 2012 · 5 Comments
Econ 101 · Markets
It’s New Year’s Eve, so why don’t we take a little break from learning nothing about the plan to avoid the fiscal cliff and concentrate on what’s really important? From my mother, who I would imagine had to have known that this would end up on the Internet: So is raising the price of champagne [...]
And Your 2012 Econ Nobel Winners Are…
October 15th, 2012 · 2 Comments
Markets · Uncategorizable
The recipients of the 2012 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (no really, that’s what it’s officially called) are none other than Al Roth and Lloyd Shapley. (Those of you who picked either of them in the Nobel pool can collect your prizes now.) In related news, Stanford seems to [...]
Tags: Markets · Uncategorizable
Just For Fun: Are Economists Single Due To Frictional, Cyclical, Or Structural Forces?
October 8th, 2012 · 3 Comments
Econ 101 · Just For Fun · Markets
I can’t help but think about the logistical nature of singledom when I see this: In practice, dating markets are similar to labor markets in that both are what are known as two-sided matching markets. (This sort of market simply means that both sides are specifically looking for counterparties that are good matches for their [...]
Tags: Econ 101 · Just For Fun · Markets
When Economists Play Matchmaker…
August 5th, 2012 · 3 Comments
Markets
I will admit that I’m pretty fascinated with dating markets and the dynamics of mate selection. (One of my favorite activities, in fact, is looking up OkCupid profiles of people I know in order to test the efficacy of OkCupid’s matching algorithm. In related news, I am creepy and need a life and should probably [...]
Tags: Markets