What Do Books and Roses Say About Discounting?
…book on that day. My guide mentioned that the books are always sold to the (female) buyer at a 10 percent discount below the regular price; when asked whether the…
…book on that day. My guide mentioned that the books are always sold to the (female) buyer at a 10 percent discount below the regular price; when asked whether the…
…Moreover, political scientists ultimately want to use economics to understand questions about political power, whereas economists who deal with politics primarily use the subject to test and strengthen their methodological…
…exclusively to federal tax treatment. We have established a special task force devoted to assisting clients with these complex tax issues and to help guide them through the process of…
…pro-market economists don’t like any discussion that gives government a greater role. Or perhaps there are just too many temptations for young economists — monetary policy research pays off because…
…we’ve tried reducing taxes when interest rates were this low. When we’re in uncharted waters, we’ve got nothing but economic theory to guide us. And the theory says it’s safer…
…YBQ has this under John Maynard Keynes, from “A Tract on Monetary Reform,” Chapter 3 (1923): But this long run is a misleading guide to current affairs. In the long…
…better by our charismatic tour guide, National Park Service Superintendent Gerard Baker (Yellow Wolf), the very tall gentleman between us here: We also had occasion to meet a phalanx of…
In much of America, conspicuous conservation is the new conspicuous consumption. Those of you itching for a fix of boom-time nostalgia can visit the Most Expensive Journal, your guide to…
…should the blame be put elsewhere? After exploring all these issues, let’s figure out the truth, and let’s use it to guide public policy. And if Secretary LaHood has any…
…the same time it would have benefits for passengers. But even absent total deregulation, a more incremental step could be taken. Medallion prices are a great guide to the current…
…with John Hammond and Howard Raiffa, is Smart Choices: A Practical Guide to Making Better Life Decisions. Keeney has agreed to take your questions about decision-making, so fire away in…
…I saw the study guide that provided the basis for the subsequent test, I have to say I was stunned by what to me (and I’ve had econ in college,…
…— (1.05/.90)^24 – 1 — a truly remarkable rate of impatience. Despite this, the tour guide tells me that a lot of growers do take the lower rate of pay….
…altogether, instead resulting in an emergency “full deployment, with little more than computer-based risk estimates to guide us.” Or, alternately, some freelance geoengineering by a single government. (HT: Daniel Lippman)[%comments]…
…economists, neuroeconomists have begun to apply their tools to these kinds of questions, often with illuminating results. Paul Zak, a professor of economics, psychology and management at Claremont Graduate University,…
…abandoning those desires. On the Middle East portion of Josh’s question, I’d suggest everyone read Maureen Dowd‘s recent Vanity Fair article “A Girls’ Guide to Saudi Arabia.” It doesn’t concern…
…latest book, the 2010 Football Outsiders Almanac is billed as “The Essential Guide to the 2010 NFL and College Football Seasons.” If it’s truly essential, it can even predict the…
…latest scientific research and is designed to guide people to foods that are nutrient dense and highly satisfying, ensuring they will make healthful decisions, have successful weight loss and learn…
In the latest issue of The Wilson Quarterly, there’s a “Crime and Punishment” section featuring Philip J. Cook and Jens Ludwig‘s “Economist’s Guide to Crime-Busting” (gated), which considers the most…
Photo: Brenna We’re taking a bike tour through the Everglades, and the guide mentioned one of the airboat “captains,” who did something seemingly irrational. He owned a tiny island in…
…to gently guide people to save is one of the linchpins of Richard Thaler and Cass Sunstein‘s Nudge. Yes, Keep the Change leads to more savings in that Bank of…
…than the result of individual weakness and faulty character, conformity appears to arise from the same neural systems that guide behaviour towards highly-valued outcomes, including such basic needs as food,…
…and prominent behavioral economist George Loewenstein from Carnegie-Mellon, tested if the “empathy gap” might explain differences in people’s opposition to particular interrogation techniques. (iStockphoto) The empathy gap refers to how…
…and those in the microfinance world as being more focused on using evidence and research to guide their programs. Empirically, data even support this, as they have done more randomized…
…to revise their estimates of what has happened, and if history is any guide, their revised estimates of the blue line will look a lot more like the red line….
Photo: Medill DC No one seems to have noticed that the Fed’s latest unemployment projections just don’t make sense. While most economists are concerned about a jobless recovery, the Fed…
…the Fourteenth Amendment, there is not a lot of legislative history to guide us. Particularly frustrating was the Framers’ use of the passive voice: “The validity of the public debt…
…used as a guide to official policy,” we should perhaps take this very good news with a grain of salt. But still: the Chinese government seems devoted, on many levels,…
Photos.com My younger son’s family visited the nearby Amish country and did a tour of several farms. The guide mentioned that the youngest son usually takes over the farm from…
…a ‘relatively omniscient’ guide. Several formulas, each having intrinsic skill parameters s for sensitivity and c for consistency, are argued theoretically and tested by regression on large sets of tournament…