Managerial Econ

Another great video from MRU.  Teaches students how to "create" natural experiments using non-experimental data.   To complement ...

  In 2018, Costco's profit was equal to its membership fees .  In 2020 membership fees were 87% of profit.  These barely profitable pric...

 

From The Economist : By late August 2021 around 60% of people in higher-income countries had received at least one dose of a vaccine. In p...

In 1974, it became more difficult for air traffic controllers to qualify for "burn out" disability insurance.  They needed some ha...

...it will also make the pie smaller.   The Economist reports on the efforts of the Chinese government to redistribute income from rich to ...

On the upside, physicians would see the bills as their patients see them, which would remind them of the tradeoffs associated with expensive...

... or so claims a colleague of mine. He was referring specifically to their staunch defense of increased medicare spending. He might have ...

Previous posts have focused on the  underfunding of public pension s caused by unrealistically high discount rates, e.g., 7%.  For these ...

Dan Ariely (psychologist and behavioral economist) was forced to retract a well-cited paper based on fraudulent data . Ariely, a frequent T...