Managerial Econ

Economic Analysis of Business Practice

Friday, October 21, 2016

Psychological bias and bad decisions

Using Behavioral Economics to motivate workers

What's the difference between Keurig Coffee and Nashville city government?

Sunk-cost fallacy in real estate

Psychological pricing in action

Is Mark Sanchez a sunk cost?

Beware the Experts

How to Fight Cognitive Bias

Loss aversion

Rational actors?

Airline Revenue Part 2


Posted by Luke Froeb at 3:36 PM
Email ThisBlogThis!Share to TwitterShare to FacebookShare to Pinterest
Labels: 03. Benefits; costs and decisions

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Search This Blog

Managerial Economics: A Problem Solving Approach, 5th ed.



We wrote a managerial economics textbook (Amazon, Barnes & Noble, Cengage) to teach students how to solve business problems (7 min. video). We started this blog to support those who use the book, and to keep up with developments in the field.

Order the 5th Edition

MBA professors

  • Online Lectures
  • Slides and syllabi
  • Instructor Resources
  • Request Review Copy

Entries Related to Book Chapters

  • 01. Introduction: What this book is about (147)
  • 02: The One Lesson of Business (466)
  • 03. Benefits; costs and decisions (182)
  • 04: Extent (how much) Decisions (81)
  • 05. Investment decisions: Look ahead and reason back (178)
  • 06. Simple pricing (78)
  • 07: Economies of Scale and Scope (42)
  • 08: Understanding Market and Industry Changes (292)
  • 09. Long-run equilibrium (235)
  • 10. Strategy-the quest to slow profit erosion (187)
  • 11. Supply and demand: Trade bubbles market making (186)
  • 12. More realistic and complex pricing (85)
  • 13. Direct price discrimination (45)
  • 14. Indirect price discrimination (66)
  • 15. Strategic games (154)
  • 16. Bargaining (93)
  • 17. Making decisions with uncertainty (216)
  • 18. Auctions (49)
  • 19: The Problem of Adverse Selection (138)
  • 20 : The Problem of Moral Hazard (183)
  • 21: Getting employees to work in the firm’s best interests (176)
  • 22: Getting divisions to work in the firm’s best interests (34)
  • 23. Managing vertical relationships (112)
  • Book review (32)
  • Humor (23)
  • PollEverywhere (1)
  • teaching (19)

Contributors

  • Brian McCann
  • Luke Froeb
  • Michael Ward
  • Mike Shor

Blog Roll

  • 101 Top Econ and Finance Blogs
  • Cafe HayekCafe Hayek - where orders emerge - Article Feed
    4 months ago
  • Calculated Risk
    6 hours ago
  • Donald Marron
    4 months ago
  • Econofact
    1 day ago
  • Greg Mankiw's Blog
    3 weeks ago
  • Intelligent Economist
    3 years ago
  • Jon Shayne's Blog
    4 years ago
  • Marginal Revolution
    53 minutes ago
  • Newmark's Door
    2 months ago

Blog Archive

  • ►  2023 (169)
    • ►  November (15)
    • ►  October (29)
    • ►  September (16)
    • ►  August (15)
    • ►  July (13)
    • ►  June (13)
    • ►  May (12)
    • ►  April (15)
    • ►  March (20)
    • ►  February (12)
    • ►  January (9)
  • ►  2022 (163)
    • ►  December (12)
    • ►  November (19)
    • ►  October (26)
    • ►  September (26)
    • ►  August (18)
    • ►  July (13)
    • ►  June (5)
    • ►  May (12)
    • ►  April (5)
    • ►  March (10)
    • ►  February (8)
    • ►  January (9)
  • ►  2021 (126)
    • ►  December (9)
    • ►  November (11)
    • ►  October (10)
    • ►  September (17)
    • ►  August (20)
    • ►  July (7)
    • ►  June (6)
    • ►  May (9)
    • ►  April (7)
    • ►  March (11)
    • ►  February (7)
    • ►  January (12)
  • ►  2020 (115)
    • ►  December (5)
    • ►  November (8)
    • ►  October (16)
    • ►  September (12)
    • ►  August (13)
    • ►  July (8)
    • ►  June (5)
    • ►  May (6)
    • ►  April (5)
    • ►  March (7)
    • ►  February (15)
    • ►  January (15)
  • ►  2019 (138)
    • ►  December (5)
    • ►  November (15)
    • ►  October (14)
    • ►  September (17)
    • ►  August (19)
    • ►  July (13)
    • ►  June (1)
    • ►  May (20)
    • ►  April (7)
    • ►  March (14)
    • ►  February (9)
    • ►  January (4)
  • ►  2018 (128)
    • ►  December (5)
    • ►  November (11)
    • ►  October (17)
    • ►  September (17)
    • ►  August (26)
    • ►  July (11)
    • ►  June (5)
    • ►  May (10)
    • ►  April (7)
    • ►  March (5)
    • ►  February (4)
    • ►  January (10)
  • ►  2017 (116)
    • ►  November (6)
    • ►  October (13)
    • ►  September (9)
    • ►  August (18)
    • ►  July (9)
    • ►  June (8)
    • ►  May (10)
    • ►  April (16)
    • ►  March (11)
    • ►  February (12)
    • ►  January (4)
  • ▼  2016 (147)
    • ►  December (9)
    • ►  November (13)
    • ▼  October (20)
      • How information moves markets: Hilary futures crash
      • Cross your fingers: Nashville's risky pension por...
      • Coal comeback
      • Before you answer, make sure you understand the qu...
      • How do you estimate the competitive effects of hos...
      • Psychological bias and bad decisions
      • Evidence on how private property creates wealth
      • When do managers care about their competitors' pro...
      • Texas Physicians Threatened by TeleMedicine
      • REPOST: sunk-cost fallacy in real estate
      • Does zoning causes inequality?
      • Tying stock pickers' pay to performance
      • Sterling devaluation and banks
      • Luxury goods and the sterling devaluation
      • Why are trailer parks such good investments?
      • Can the government bring stability to markets?
      • Is the pound depreciation good for Britain?
      • Never start a land (or price) war in Asia
      • Did the government cause the affordable housing cr...
      • Why are European banks so shaky?
    • ►  September (18)
    • ►  August (25)
    • ►  July (12)
    • ►  June (1)
    • ►  May (5)
    • ►  April (8)
    • ►  March (13)
    • ►  February (17)
    • ►  January (6)
  • ►  2015 (130)
    • ►  December (11)
    • ►  November (19)
    • ►  October (10)
    • ►  September (10)
    • ►  August (14)
    • ►  July (7)
    • ►  June (7)
    • ►  May (14)
    • ►  April (10)
    • ►  March (8)
    • ►  February (10)
    • ►  January (10)
  • ►  2014 (132)
    • ►  December (5)
    • ►  November (22)
    • ►  October (20)
    • ►  September (15)
    • ►  August (17)
    • ►  July (6)
    • ►  June (7)
    • ►  May (9)
    • ►  April (7)
    • ►  March (8)
    • ►  February (9)
    • ►  January (7)
  • ►  2013 (184)
    • ►  December (8)
    • ►  November (22)
    • ►  October (19)
    • ►  September (18)
    • ►  August (19)
    • ►  July (6)
    • ►  June (6)
    • ►  May (13)
    • ►  April (11)
    • ►  March (14)
    • ►  February (21)
    • ►  January (27)
  • ►  2012 (162)
    • ►  December (10)
    • ►  November (5)
    • ►  October (21)
    • ►  September (13)
    • ►  August (19)
    • ►  July (15)
    • ►  June (13)
    • ►  May (10)
    • ►  April (9)
    • ►  March (12)
    • ►  February (17)
    • ►  January (18)
  • ►  2011 (234)
    • ►  December (14)
    • ►  November (25)
    • ►  October (29)
    • ►  September (19)
    • ►  August (22)
    • ►  July (10)
    • ►  June (15)
    • ►  May (17)
    • ►  April (15)
    • ►  March (20)
    • ►  February (18)
    • ►  January (30)
  • ►  2010 (358)
    • ►  December (21)
    • ►  November (32)
    • ►  October (33)
    • ►  September (30)
    • ►  August (32)
    • ►  July (13)
    • ►  June (35)
    • ►  May (28)
    • ►  April (27)
    • ►  March (36)
    • ►  February (41)
    • ►  January (30)
  • ►  2009 (479)
    • ►  December (26)
    • ►  November (35)
    • ►  October (41)
    • ►  September (47)
    • ►  August (36)
    • ►  July (41)
    • ►  June (38)
    • ►  May (53)
    • ►  April (35)
    • ►  March (39)
    • ►  February (43)
    • ►  January (45)
  • ►  2008 (582)
    • ►  December (38)
    • ►  November (42)
    • ►  October (49)
    • ►  September (44)
    • ►  August (28)
    • ►  July (42)
    • ►  June (50)
    • ►  May (62)
    • ►  April (70)
    • ►  March (69)
    • ►  February (43)
    • ►  January (45)
  • ►  2007 (248)
    • ►  December (51)
    • ►  November (56)
    • ►  October (53)
    • ►  September (43)
    • ►  August (36)
    • ►  July (9)

Subscribe via email

Enter your email address:

Delivered by FeedBurner

Total Pageviews

Subscribe To Managerial Econ

Posts
Atom
Posts
Comments
Atom
Comments

Popular Posts

  • Consult an economist before buying a wedding dress
    When Stephanie (her name has been changed to avoid embarrassment) went shopping for a wedding and bridesmaid dresses, she found valuable ad...
  • Maddening Mattress Market
    The mattress industry in pretty interesting from an economic perspective. If I want to buy a new car, a new appliance, or some other sort o...
  • Are we in a housing bubble?
    The term "bubble" means that prices are too high.  But the question is difficult to understand unless we know what to compare the...
  • Milton Friedman on public housing
    Note the consequentialist ethic, when he fields a question from a young man in the audience.
  • California's restrictive zoning is a big problem, but not the only one
    driving up the price of housing to $570K (1 million in the Bay Area), twice the national average.
  • Why are millennials leaving Illinois?
    Because they can : And as millennials come to appreciate the debt load they’re expected to burden over the next two to three decades – ...
  • Precise Bids
    New research from Keloharju and Hukkanen has one clear piece of advice: " When Negotiating a Price, Never Bid with a Round Number .&qu...
  • How much equity should a bank have?
    Banks make money by borrowing from depositors, e.g., at 1%, and lending to businesses, e.g., at 4%.  In this case, they would make 3% on ...
  • Bundling video
Powered by Blogger.