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Enter Neuroeconomics…once again.
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An excellent obituary for Leo Hurwicz, by Eric Maskin. Turns out it was indeed great timing to award him the Nobel last year (Hurwicz is the oldest Nobelist to date).
Category: business
Econlinks for the weekend
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This erotic-stimuli-influencing-spending might be more serious than I thought (see my earlier short comment to Tyler Cowen’s erotics of investing– 2nd bullet point). Although the researchers admit that all their conclusions rely on the men faced with a decision to be taken in a second or so… Yeah, then it could be very true :-).
Econlinks today
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Why the Bayesian statistician cannot stand Bayesian statistics: I actually thought he meant it… for a few seconds. Best academic April 1st prank this year.
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“Insead, for example, has set up a virtual campus on Second Life, to complement its physical campuses in Fontainebleau, France, and in Singapore.
Econlinks for 23-02-’08
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“[…] it is surprising and disturbing that, at a time when the premium for skills has increased and the return to graduating high school has risen, the high school dropout rate in America is increasing.
Econlinks for 18-02-’08
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An excellent (& extensive) interview with Susan Athey, the most recent winner of the John Bates Clark medal. Here’s one of the best parts:
Finding the applications that resonate with the students or the population in general and then showing them how a little bit of structured thinking can substantially improve their understanding — I think that’s where you get the power of economics.