The Real Goal of the Joker Game Theory Movie Villains One of the most classic movie villains is Batman’s Joker. There are so many good superhero villains in comics and movies but not many can beat Joker. There is something about the character that makes him stand out from everyone else. What makes a good […]
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People are not Inherently Altruistic Behavioral Economics | Game Theory Apathy or Altruism There is a long-standing debate in behavioral economics that revolves around whether people are inherently apathetic or altruistic. When labeling a group of people it is important to clarify what is that you are labeling them as. Although these two are not
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All Good Things Take Time Public Choice | Behavioral Economics | Game Theory Do it Yourself There is an old saying “if you want something done right, do it yourself”. I believe this statement holds true. Doing something yourself is the one sure way you know it has been done correctly. Similarly, the only sure
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Make your Own Luck Behavioral Economics | Game Theory Outliers In the book Outliers by Malcolm Gladwell, luck is a major theme. He explains how successful people obtain their success through hard work and dedication but wouldn’t be where they are without a bit of luck. That some people are just brought up at the
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The Creation of a Monopoly on Violence Public Choice | Game Theory The Monopoly There is a push towards a monopoly on violence. This monopoly is dangerous and can lead to violence against others without resistance. A movement grows as we speak to tighten the restrictions on guns and diminish the Second Amendment. This movement
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How to Prevent Crime Public Choice | Game Theory Crimes are acts or omissions of acts punishable by law. The law determines what acts can be punished, and to what degree they can be punished. The law criminalizes acts to allow for a more prosperous life for the citizens under that law. Therefore it is
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The Secret Behind TV Game Show Prizes Game Theory TV Game Shows started back in the 1930s and are still very popular today. There are so many different types of game shows like Family Feud, Wheel of Fortune, The Price is Right, and Survivor. Needless to say, there are too many to count. Game structure
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Who Wins a Game of Chess? A Mindreader or A Foresight Game Theory There are a lot of thought-provoking questions. Many to be motivational or inspirational. But I have a favorite that I think is a bit more fun. Two people play a game of chess. One is a Mindreader. The other is has the
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Superbowl – Risky vs Safe Strategy Econometrics | Game Theory The NFL season comes to an end with the two best teams facing off against each other in the highest stakes game they will ever play in. There are money incentives, branding opportunities, glory, and fame. Not to mention that the Superbowl is the most-watched
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Survivor – Breakdown of the Greatest Social Game Econometrics | Game Theory Survivor is a reality television show, that prides itself on being one of the greatest social experiments ever. Players, about 20, are put on a remote island and must provide food, shelter, and fire for themselves. Players are initially put into multiple tribes
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