The best part? It doesn’t hurt econ majors.
That makes it Pareto improving: better for most, worse for none.
Learn more: economicsforlife.ca/pareto-impro...
The best part? It doesn’t hurt econ majors.
That makes it Pareto improving: better for most, worse for none.
Learn more: economicsforlife.ca/pareto-impro...
#trade #economy #economics #art #film #starwars
But now that the bird flu has eased—and Cal-Maine just posted record profits—those same prices feel unfair.
Economists explain this using dual entitlement theory.
www.mondayeconomist.com/p/egg-price-...
But now that the bird flu has eased—and Cal-Maine just posted record profits—those same prices feel unfair.
Economists explain this using dual entitlement theory.
www.mondayeconomist.com/p/egg-price-...
Wendy Stock from Montana State shares why she tosses the syllabus on Day 1—and asks students what they care about. Then she shows how econ helps explain it all. A powerful approach to teaching through curiosity.
🎧 Listen here: www.stlouisfed.org/education/te...
Wendy Stock from Montana State shares why she tosses the syllabus on Day 1—and asks students what they care about. Then she shows how econ helps explain it all. A powerful approach to teaching through curiosity.
🎧 Listen here: www.stlouisfed.org/education/te...
Some shoppers switched to pasture-raised and organic eggs during last year’s price spike—and they’re still buying them, even as prices fall.
www.mondayeconomist.com/p/blue-eggs
Some shoppers switched to pasture-raised and organic eggs during last year’s price spike—and they’re still buying them, even as prices fall.
www.mondayeconomist.com/p/blue-eggs
This week’s newsletter breaks down how automation, AI, and game theory made toll scams explode.
📬 Read it here (real link, no tolls): www.mondayeconomist.com/p/why-scam-t...
This week’s newsletter breaks down how automation, AI, and game theory made toll scams explode.
📬 Read it here (real link, no tolls): www.mondayeconomist.com/p/why-scam-t...
Tomorrow's Monday Morning Economist breaks it down.
📬 Sign up here (real link, no tolls, I swear): mondayeconomist.com
Tomorrow's Monday Morning Economist breaks it down.
📬 Sign up here (real link, no tolls, I swear): mondayeconomist.com
Why are people so mad? Behavioral economics can explain it. Read more: www.mondayeconomist.com/p/southwest
Why are people so mad? Behavioral economics can explain it. Read more: www.mondayeconomist.com/p/southwest
Get the full story in your inbox tomorrow morning: mondayeconomist.com
Get the full story in your inbox tomorrow morning: mondayeconomist.com
Sigh. This is, I guess, a "me" problem. But nothing you could watch this week is better.
Anyway... ICYMI, my review:
Sigh. This is, I guess, a "me" problem. But nothing you could watch this week is better.
Anyway... ICYMI, my review:
search.app/9878qCRsRYJ6...
So are we fixing the problem, or just shifting it?
www.mondayeconomist.com/p/penny
So are we fixing the problem, or just shifting it?
www.mondayeconomist.com/p/penny
search.app/9878qCRsRYJ6...
search.app/9878qCRsRYJ6...
These resources may no longer be overused, but are we losing another “third space” where people can gather and connect?
www.mondayeconomist.com/p/tragedy-of...
These resources may no longer be overused, but are we losing another “third space” where people can gather and connect?
www.mondayeconomist.com/p/tragedy-of...
These resources may no longer be overused, but are we losing another “third space” where people can gather and connect?
www.mondayeconomist.com/p/tragedy-of...
Use your unique referral URL on the Leaderboard tab to invite your students. 25 sign-ups earn you a special gift box!
www.mondayeconomist.com
Use your unique referral URL on the Leaderboard tab to invite your students. 25 sign-ups earn you a special gift box!
www.mondayeconomist.com
We’ll meet on Fridays on Zoom from 9am to 1pm (eastern). We’ll start on Jan. 17 & end on May 2.
For more information, please e-mail me at bill.goffe@psu.edu .
We’ll meet on Fridays on Zoom from 9am to 1pm (eastern). We’ll start on Jan. 17 & end on May 2.
For more information, please e-mail me at bill.goffe@psu.edu .
Check it out here: papers.ssrn.com/sol3/papers....
Check it out here: papers.ssrn.com/sol3/papers....
Federal salaries account for just 5% of the budget and massive cuts wouldn’t meaningfully reduce the $1.7 trillion deficit.
www.mondayeconomist.com/p/doge
Federal salaries account for just 5% of the budget and massive cuts wouldn’t meaningfully reduce the $1.7 trillion deficit.
www.mondayeconomist.com/p/doge
www.wiche.edu/knocking/
www.wiche.edu/knocking/
Which made me think about a few other recent papers where fixed optimization costs are a key ingredient:
Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk.
They also arise in perfectly deterministic settings.
Lead article in the latest AER issue:
www.aeaweb.org/articles?id=...
Which made me think about a few other recent papers where fixed optimization costs are a key ingredient: