According to rational choice theorists, how do individuals make decisions? Put simply, they act so as to maximize their expected utility, given their a priori preferences and some general idea of the… more →
Clouds, Clocks and Sitting at Tablesfabriciopontin wrote 2 days ago: Fabrício Pontin Para quem perdeu a primeira parte, explicando a Social Welfare Function em termos ge … more →
fabriciopontin wrote 6 days ago: Fabrício Pontin Foi Gödel que demonstrou como alguns sistemas, a partir de suas próprias premissas, … more →
arosenbusch wrote 2 weeks ago: Everybody who has tried to overcome habits like nail biting or checking email twice an hour knows ho … more →
arosenbusch wrote 3 weeks ago: When asked, most people would prefer a payment of 1 billion US$ to a lottery that gives them either … more →
arosenbusch wrote 3 weeks ago: When asked, most people would prefer a payment of 1 billion US$ to a lottery that gives them either … more →
Rags Srinivasan wrote 1 month ago: My next work on behavioral economics is about pricing effects in changed economic conditions. Here … more →
Scott Shreeve, MD wrote 1 month ago: Twitterview (twĭt’ər vyū) n. A twitterview is a combination of the terms Twitter and intervie … more →
Robert Brown wrote 2 months ago: My sermon for today is taken from Animal Spirits, the title of a new book about the rising science … more →
fourcultures wrote 3 months ago: A new book called Good Intentions proposes that Christians should stop judging economic matters on t … more →
Scott Shreeve, MD wrote 4 months ago: Microcapitation (mī‘kro kăp’ĭ-tā‘sh en) n. A health care delivery mechanism wherein a service pro … more →
Rebecca wrote 4 months ago: During the nineteenth century the German political philosopher Karl Marx (1818-1883) became known fo … more →
reyadel wrote 4 months ago: Street Strategist's Hyperwage Theory I finished reading Bentulan’s book Street Strategist … more →
Marcus wrote 4 months ago: Mekanismerna bakom evolutionen kan mycket väl vara desamma för såväl biologiska som kulturella syste … more →
Scott Shreeve, MD wrote 5 months ago: Magnitude (măg’nĭ-tūd‘) n. Greatness in size and extent. Greatness in significance or … more →
Scott Shreeve, MD wrote 5 months ago: Stimulus (stĭm’yə-ləs) Something causing or regarded as causing a response. An agent, acti … more →
jakewobig wrote 5 months ago: So I’m going to try this out. I’m thinking about rational choice today since it’s … more →
fourcultures wrote 6 months ago: Economist Peter Leeson has a new book coming out about the economics of piracy in the late 16th and … more →
Andrew wrote 7 months ago: I have a little paper writing up the supertask puzzle I posted recently. I’ve added a second p … more →
Scott Shreeve, MD wrote 8 months ago: Differential (dĭf‘ə-rĕn’shəl) adj. Of, relating to, or showing a difference. Constit … more →