
with all due respect to those economists
Too often, economists take their non-trivial math for granted. Not their fault though…

Too often, economists take their non-trivial math for granted. Not their fault though…

One can optimize and change his or her traits accordingly. And, in certain social context there’s often an optimal point along the axis.

"You go talk to your friends talk to my friends talk to me" - but the doctor’s version

So I took a Sunday afternoon, sat down at Peet’s Coffee and got the job done… It’s a heuristic, and heuristics are meant to be developed in a magical afternoon.

a small poem and old memories…of possibilities

nudge college students to sleep by using money reward? there’s a possibility that they might hack the system.

The profound evolution of football tactics, from traditional direct play to the modern possession style, and how Pep Guardiola’s influence reshaped the game as we know it.

I am TA-ing a graduate level market mechanism design course this term, with my best professionalism and passion.
Undergrads in an Econ lab - I can confidently assert that we are always thinking about something else during these experiments.
Some people are less happy than they could have been because they focus on opportunity cost rather than pure utility. Here’s a mathematic model to explain why.