Author: 2010

  • Intelligence and wage – a positively skewed hump?

    Intelligence and wage – a positively skewed hump?

    Labour economists devote much of their time to looking at what factors affect wages. The classic regressions they run show that you are likely to [...]

     
  • Guitar exercise: Secrets by Symphony X

    Guitar exercise: Secrets by Symphony X

    It’s nice when you know a short riff that can help you improve multiple aspects of your guitar technique at the same time. It’s even [...]

     
  • Pupillary Protest

    Pupillary Protest

    ‘Pupillary Distance’ is an ophthalmic term. It means, quite simply, the distance between your pupils. If you wear glasses, then you may remember the optician [...]

     
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  • The Groin Strike Dilemma

    The Groin Strike Dilemma

    Back when the Ultimate Fighting Championship (UFC) was in its infancy, there were very few rules. Ex-presidential candidate John McCain actually described it as the [...]

     
  • Are ‘sunk costs’ really sunk?

    Are ‘sunk costs’ really sunk?

    What are ‘sunk costs’? ‘Sunk cost’ is a term commonly used in economics. It refers to a cost that you or a firm might incur [...]

     
  • World Cup prediction results (and some statistics)

    World Cup prediction results (and some statistics)

    Well, the World Cup has been and gone. Enthralling as always, this time the tournament proved to be more of a tactical battle. Although I [...]

     
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  • How many games are there in a tournament?

    How many games are there in a tournament?

    In keeping with the football spirit, I’m going to use the format of the FIFA World Cup as an example to show you how to [...]

     
  • 5 alternative World Cup predictions

    5 alternative World Cup predictions

    It’s less than a week to go until the start of the 2010 FIFA Football World Cup – the second biggest sporting event in the [...]

     
  • Mouse activity

    Mouse activity

    I discovered a neat bit of software last week. It’s called IOGraph and you can download it here for Windows, OSX or Linux. If you [...]

     
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  • Who should you vote for? Download my Election Model!

    Who should you vote for? Download my Election Model!

    I’m sure you know that next Thursday, the UK is going to have a general election. And I’m also pretty sure that you’re sick of [...]

     
  • Daniel Kahneman, Loss Aversion and a video

    Daniel Kahneman, Loss Aversion and a video

    Out of all of the various areas and branches of economics, none has captured my interest more than ‘behavioural economics’. This studies the links between [...]

     
  • Dutch Auction Shops

    Dutch Auction Shops

    Japan have been struggling for some time with poor aggregate demand in their economy. The interest rate has been near zero (and actually zero at [...]

     
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  • iPad = iPointless

    iPad = iPointless

    On 27th January of this year, Apple’s jean-clad messiah Steve Jobs unveiled Apple’s new tablet-like device – the iPad. It was probably the most unsurprising [...]

     
  • Cost Curves and a Nice Proof

    Cost Curves and a Nice Proof

    As I like to do before getting down to some hardcore maths, I’m going to take an artistic break and present to you a Haiku [...]