The NFL is Hurting its Quarterbacks Behavioral Economics The 2023-2024 NFL season is coming to a close, but it ends with nearly 25% of all starting QBs to not finishing healthy. And 50% of all starting QBs to miss at least one game due to injury. This is the most amount of injuries at the […]
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The Red Pill is Right | Income Gender Roles Game Theory | Behavioral Economics The Red Pill movement has a lot of different definitions and beliefs behind it. But traditional income gender roles seems to be a common pillar among all followers. The Red Pill movement began from the movie The Matrix in which the
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The Government Created Healthcare Monopoly Public Choice | Behavioral Economics The government’s regulation of the medical industry has been a topic of much debate and controversy in recent years. On the one hand, regulations are necessary to ensure that healthcare providers are held to a high standard of care and that patients are protected from
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College is an Inferior Good Financial Freedom | Behavioral Economics College is an Inferior Good. This means that as income increases, demand for the good decreases. This does not mean that college is inherently inferior to not going to college. There are two types of goods: Superior Goods Superior goods are highly valued goods that
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Your Decision Making is Determined by Your Time Horizon Behavioral Economics Everyone is rational. Well, actually that idea is highly debated in economics. It became a hot topic with the introduction of behavioral economics. This new field of study claims that people don’t make the most rational decisions but instead that their decisions are affected
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Is a Bad Day of Fishing Better Than a Good Day at work? Behavioral Economics A popular idiom among the working class: A bad day of fishing is better than a good day at work. In other words, regardless of what happened during your day, it is still better than any possible day at work.
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The Now Competitive Art Market Behavioral Economics A fundamental philosophy of game theory is competition vs cooperation. We largely thought that all aspects of the world were pure competition. This is what we thought Darwinism was. The strongest, fastest, and smartest survive. The rest wither away. It is partially true, but Darwinism is really about
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Passionate Voting Blocs is the Secret to Winning Elections Public Choice | Behavioral Economics The biggest misconception about voting and election candidates is that they try to cater to the masses. You would think if you cater toward the majority you win most of the votes and thus win the election. But this is not
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Why it is Difficult for People to Understand Statistics Behavioral Economics | Econometrics Fundamentally humans like to bring meaning to their life. Without meaning there is too much randomness to make sense of anything. We don’t like randomness, we try to always associate the unknown with something known. The creation of life and death on
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Obsession of Gender Roles and the Collapse of Society Behavioral Economics We are on the verge of collapse in our society. The indicator of this is the rise in the obsession with gender and gender roles. They say history is like a spiral. It keeps repeating itself but is never exactly the same. The gender-obsessive
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