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economics

March Madness, Hot Hands and the Gambler’s Fallacy

April 8, 2025

The first weekend of March Madness is one of my favorite sporting events every year. Once the NCAA Men's Basketball tournament tips off, these days for … [Read more...] about March Madness, Hot Hands and the Gambler’s Fallacy

Tags - basketball, economics, march madness, probability, sports

Do Companies Throw Hail Marys?

July 2, 2023

In most sports, the losing team starts taking bigger and bigger risks as time runs out. In football, the Hail Mary play is a last-ditch … [Read more...] about Do Companies Throw Hail Marys?

Tags - economics, Finance, game theory, Risk-Shifting

Five Reasons to Study Abroad

June 26, 2023

take a virtual study abroad trip by reading about Germany

When I was in 10th grade, my English teacher at my German High School handed out flyers for a semester abroad. I took one home, my parents thought it … [Read more...] about Five Reasons to Study Abroad

Tags - economics, marketing, monetary policy, study abroad

The Stock Market Participation Puzzle

April 17, 2023

The stock market participation puzzle refers to the fact that many people do not participate in the stock market, despite the potential benefits of … [Read more...] about The Stock Market Participation Puzzle

Tags - behavioral finance, economics, Finance, investing, personal finance

Pricey stones – that are not diamonds.

March 6, 2023

Every four years, when the Winter Olympics are on TV, people chuckle about "the funny sport with the brooms" - curling. If you know me well, you know … [Read more...] about Pricey stones – that are not diamonds.

Tags - curling, economics, monopoly, sports

Remember, Remember the Halloween Massacre

February 27, 2023

People respond to incentives. This is one of the most important economic principles, and in finance we add that companies respond to incentives. One … [Read more...] about Remember, Remember the Halloween Massacre

Tags - economics, Finance, natural experiments, taxes

Oh baby… a look at the baby formula shortage

August 14, 2022

I think everyone remembers the "great toilet paper shortage" of 2020, when toilet paper all of a sudden turned into one of the most coveted items in … [Read more...] about Oh baby… a look at the baby formula shortage

Tags - baby formula, economics, imports, market concentration, shortage, supply and demand

The Best Offense is a Good Defense

May 9, 2022

game theory is often applied to studies of nuclear weapons

The Case Against Bomb Shelters The nuclear standoff between the United States and the Soviet Union during the Cold War will surely go down as one of … [Read more...] about The Best Offense is a Good Defense

Tags - economics, game theory, statesmanship

The Economics of Love

February 14, 2022

When I saw that my next blog post was going to post on Valentine's Day, I asked myself the question: "What can economics tell us about love?" I know, I … [Read more...] about The Economics of Love

Tags - economics, game theory, Valentine's Day

The Quest for Causality

November 15, 2021

Nobel Prize medal. The 2021 Prize in Economics was awarded for work to prove causal relationships in economics research.

The 2021 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded jointly to David Card “for his empirical contributions to … [Read more...] about The Quest for Causality

Tags - causal relationships, economics, natural experiments, Nobel Prize, research methods

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  • I C Evolution
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