Managerial Econ

Economic Analysis of Business Practice

Saturday, August 26, 2017

REPOST: Truckers are stockpiling dirty diesel engines

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In 2007, new EPA regulations that  mandate cleaner diesel engines took effect. The new engines reduce particle emissions by up to 98% over ...
1 comment:

REPOST: Uber's surge pricing is efficient, but deeply unpopular

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So much so that places like Dehli has banned the practice.  In response to these political threats Uber has started trying to educate the p...
Friday, August 25, 2017

Heckman on Empirical Economics

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Jim Heckman was awarded the Nobel Memorial Prize in Economics mainly for his contributions to the development of empirical methods. He appli...
Wednesday, August 23, 2017

Markets Reveal Value

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A recent article in the WSJ reports that: Four mutual-fund companies have marked down their investments in Uber Technologies Inc. by as m...
Tuesday, August 22, 2017

Reduce Prices When you Acquire a Complementary Good

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Minjae Song, Sean Nicholson, and Claudio Lucarelli examine the pricing of drug "cocktails" in their new paper in the RAND Journal ...
Sunday, August 20, 2017

Germany's North-South divide

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The latest evidence about the superiority of markets (over government planning) seems to come from Germany, people go to better schools, ge...
Friday, August 18, 2017

Fake Eclipse Sunglasses

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Like many, I will stop my day to experience the solar eclipse on Monday. Many will regret it. As the WSJ reports , they will have stared up ...
2 comments:
Thursday, August 17, 2017

Sheldon Chooses a Console

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I use this youtube video in class to get a discussion going of all the instances of opportunity costs. The writers did a good job making it...
3 comments:
Tuesday, August 15, 2017

Game theory applied to extreme view protests

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In light of events in Charlottesville over the weekend, I am reposting from a story in the WSJ . Germans pledged money to an anti-nazi grou...
Monday, August 14, 2017

The Dark Side of Incentive Pay?

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The Financial Times recently published a thoughtful commentary by Jonathan Ford arguing that performance pay in the financial sector has be...
1 comment:
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