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The Bad Economist | Economics done dirty

Economics done dirty

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Economics done dirty
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3 about me
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6 elasticity and demand
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9 elasticity
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Economics done dirty

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hidden choices | The Bad Economist

http://thebadeconomist.com/tag/hidden-choices

Still no chili pepper. March 16, 2015. Posted by tomflesher in Examples. Thinking like an economist, you quickly winnow your options down to blackjack or poker, since you cannot abide such a risky proposition. Then, however, you’re stuck – the expected values are the same. Which game is it rational to play? What do these two situations have in common? This was met with considerable debate about the probability that the homeless woman had children. Greg Mankiw's Blog. The World's Worst Sports Blog.

2

Microeconomics | The Bad Economist

http://thebadeconomist.com/tag/microeconomics

Still no chili pepper. How do producers charge different consumers different prices? September 29, 2015. Posted by tomflesher in Micro. Tags: Introduction to Microeconomics. Is the act of charging different consumers different prices based on how much they’re willing to pay. There are a few different forms of price discrimination, and it can be achieved different ways depending on how much information a seller has. This sometimes leads to unpleasant outcomes. NPR did a story. Give me a lower price! I wea...

3

Principles of Microeconomics | The Bad Economist

http://thebadeconomist.com/tag/principles-of-microeconomics

Still no chili pepper. How do producers charge different consumers different prices? September 29, 2015. Posted by tomflesher in Micro. Tags: Introduction to Microeconomics. Is the act of charging different consumers different prices based on how much they’re willing to pay. There are a few different forms of price discrimination, and it can be achieved different ways depending on how much information a seller has. This sometimes leads to unpleasant outcomes. NPR did a story. Give me a lower price! I wea...

4

Elasticity and Demand | The Bad Economist

http://thebadeconomist.com/2015/03/18/elasticity-and-demand

Still no chili pepper. March 18, 2015. Posted by tomflesher in Micro. The price-elasticity of demand measures how sensitive consumers are to changes in price. There are two primary formulas for that. Most commonly, introductory courses will use. Means the percentage change. This means the numerator is. Is the original quantity demanded and. Is the change in quantity demanded. The denominator is. Through the properties of fractions, that ratio is equal to. A graph of demand and price-elasticity of demand.

5

Increases in CPI: Good or bad? | The Bad Economist

http://thebadeconomist.com/2012/01/30/increases-in-cpi-good-or-bad

Still no chili pepper. Increases in CPI: Good or bad? January 30, 2012. Posted by tomflesher in Macro. Tags: Consumer Price Index. One of the nice things about WordPress is that I get a nice summary of the search engine terms that led people to my page. Bobby Bonilla is popular, as always – it’s nice to know that people are curious about him – but another common way people end up on my blog is by looking for pros and cons of the Consumer Price Index. One searcher this week asked:. 3 (David) Tay Cheng Fong.

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Apparently Smart « …apparently. « Page 2

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LA Schools iPads = Obvious Problem? October 7, 2013 9:57 pm. Alright, I’m just going to crack my knuckles and start with a few basic points:. 1 To think this was not going to happen is bad foresight. 2 This is only a big news story because no one had tried a program like this before. 3 Strengthening security will help nothing. And you decided ‘hey, screw that, free iPad! Is there a reset button for that, anywhere? Click to print (Opens in new window). Click to email (Opens in new window). Of course not, ...

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