The read of the week. The author of Bluematter is “[a]n occasionally tactless economist [who] opines on economics, politics and everything else. ” And who choses to remain anonymous on the following grounds: “This blog reflects my personal views and is in no way representative of those of my employer or my mum.
→ Read more Category: economics
The spinning dancer and the actual evidence
Steven Levitt questions (quite convincingly, despite the small sample size and possible selection issues) the main “predictions” associated with the direction people see this ballerina spin. Levitt (who also sees the dancer turn only clockwise, as I do) shows that probably all associations in the article were reversed and the left column should have been the right column (next to that, it also appears that it isn’t even true that most people see the dancer turn anti-clockwise)… I thought so, since I deemed most of them speculations, to start with.
→ Read more Econlinks for 21 Oct ’07
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Preston McAfee brings a second noteworthy innovation to Economic Inquiry (I also blogged about the first one since he came as editor to that journal): “We now have a miscellany section.
And the Econ winners for 2007 are…
…. Leonid Hurwicz, Eric Maskin and Roger Myerson, for “having laid the foundations of mechanism design theory“. See more about this on nobelprize.org. Totally deserved, albeit they were not among the ones with the highest odds this year (so don’t bet next time…).
→ Read more My prediction for the Economics prize tomorrow
All right, here we go, as promised:
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The 2007 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel goes to Oliver Hart, Bengt Holmstrom and Oliver Williamson for their contributions to the theory of the firm.