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22 Dec
Archive | December, 2009
A quote for the new year
20 Dec
“Be at war with your vices, at peace with your neighbors, and let every new year find you a better man.”
Ben Franklin
How to sell a dollar for more than a dollar. Exhibiting a little…
14 Dec
How to sell a dollar for more than a dollar. Exhibiting a little game theory, this professor shows how “all pay auction” games can lead the actors to pay more than a dollar for a dollar.
I think this may also come into play when states deal with the federal government.
Political lobbying explained through the example of all-pay auctions (via davidzet)
