The Sports Economist picks up on the economic impact of Tiger’s expected absence from professional golf tournaments this year.
But it may be a boon to academia. I previously blogged about Jen Brown’s research …
The rest of the post titled “The Tiger Woods Effect Updated” can be found here.
I went to a job talk by Josh Schwartzstein of Harvard. He is working of Selective Attention and Learning. Here is a leading example: Suppose you go to the doctor because you are sick. He says you have a food allergy and asks you what you have eaten. If you put low probability on the [...]
The hypothetical “ticking time-bomb” scenario represents a unique argument in favor of torture. There will be a terrorist attack on Christmas day and a captive may know where and by whom. Torture seems more reasonable in this scenario for a few reasons.
It’s a clearly defined one-off thing. We can use torture to defuse the ticking [...]
From Robin Goldstein:
I’ve previously discussed the thorny issue of the overzealous advocacy of a traditional recipe to the exclusion of all others. In response to Florence Fabricant’s claim, for instance, that “for any pasta …
The rest of the post titled “Culinary Purism?” can be found here.
The Econometric Society which publishes Econometrica, one of the top 4 academic journals in Economics has taken under its wing the fledgling journal Theoretical Economics and the first issue under the ES umbrella has just been published. TE has rapidly become among the top specialized journals for economic …
The rest of the post titled “Open [...]
Paul Krugman asks whyPad? Apple has thought through this problem in pricing the iPad. It’s main competition is Kindle, your cell(I?)phone and your laptop.
Kindle: The Kindle DX has a large screen and is the iPad’s main competitor in the e-Reader category. It is selling for $489. …
The rest of the post titled “iPad Pricing” can [...]
The Republicans fought like dogs to win the Florida recount in 2000. Norm Coleman dragged out the election in Minnesota. George W Bush passed two tax cuts via reconciliation in his first term. These policies play to Republican partisans but alienate moderates and independents. Wary of losing the votes of independents, one loss in Massachusetts [...]
In the top tennis tournaments there is a limited instant-replay system. When a player disagrees with a call (or non-call) made by a linesman, he can request an instant-replay review. The system is limited because the players begin with a fixed number of challenges and every incorrect challenge deducts one from that number. As a [...]
T-Cow disagrees that Paul Krugman should be Fed Chairman:
Elsewhere I have to strongly differ with the Johnson-Kwak proposal that Paul Krugman be selected. I don’t intend this as a negative comment on Krugman, if anything I am suggesting he is too dedicated to reading and writing and speaking his mind. …
The rest of the post titled “Krugman’s Comparative [...]
I once tried setting my watch ahead a few minutes to help me make it to appointments on time. At first it worked, but not because I was fooled. I would glance at the watch, get worried that I was late, then remember that the watch is fast. But that brief flash acted as a [...]
