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The Weird World Of Economics: 08/27/06
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The Weird World Of Economics. Sunday, August 27, 2006. Why trying to kill yourself may be a smart business decision. But when it later came out that Jones had boasted to a friend, "If I go over and I live, I am going to make some money," it was time to call in the economists. Is less than zero, suicide is a viable option. Previous studies had demonstrated that as personal incomes rise, the propensity for suicide falls (presumably, money does. Happiness). Marcotte's insight was that individuals contem...
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The Weird World Of Economics: 08/31/06
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The Weird World Of Economics. Thursday, August 31, 2006. Bartender gets $10,000 tip on $26 tab. Two weeks ago, one of Cindy Kienow's regular customers left her a $100 tip on a tab that wasn't even half that. This week, he added a couple of zeros. Kienow, a bartender at Applebee's, got a $10,000 tip from the man for a $26 meal on Sunday. I couldn't move," Kienow said. "I didn't know what to say. He said, `This will buy you something kind of nice, huh? And I said, `Yeah, it will.'". Nothing would make us h...
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The Weird World Of Economics: 08/24/06
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The Weird World Of Economics. Thursday, August 24, 2006. Why Do People Cheat On Taxes? By STEPHEN J. DUBNER AND STEVEN D. LEVITT. Mr Szilagyi's Billion-Dollar Idea. This is the time of year when American citizens inevitably think about. The Internal Revenue Service and, also inevitably, about how deeply. They hate it. But most people who hate the I.R.S. probably do so for. The wrong reasons. They think it is a tough and cruel agency, but in. Fact it is not nearly as tough and cruel as it should be. Perce...
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The Weird World Of Economics: 08/26/06
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The Weird World Of Economics. Saturday, August 26, 2006. Don't Do The Math. Http:/ www.newyorker.com/. Posted by UncommonBusiness @ 12:09 AM. Get ready for bizarre economics facts, scary insight into how a human brain works and endless oddities of consumer behavior. View my complete profile. Why Most Free CRM Arent Really Free. Three Awesome Call Center Hacks. How to Ask Questions that Promote Creative Thinkin. The Secrets To Growing Your Business. How To Ask For Referrals.
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The Weird World Of Economics: 09/03/06
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The Weird World Of Economics. Sunday, September 03, 2006. For cash-strapped homeowners, it was a pitch they couldn't refuse: Refinance your mortgage at a bargain rate and cut your payments in half. New home buyers, stretching to afford something in a super-heated market, didn't even need to produce documentation, much less a downpayment. The loans certainly meet the needs of banks. Option ARMs offer several payment choices each month. Among Burger's alternatives were one for $2,524, about what a ...Optio...
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The Weird World Of Economics: 08/25/06
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The Weird World Of Economics. Friday, August 25, 2006. Who Wants To Be A Millionaire" And Group Intelligence. If, years hence, people remember anything about the TV game show "Who Wants to Be a Millionaire? Pitted group intelligence against individual intelligence, and that every week, group intelligence won. Who Wants to Be a Millionaire? Now, the results of "Who Wants to Be a Millionaire? Excerpted from The Wisdom of Crowds. Posted by UncommonBusiness @ 10:27 PM. View my complete profile.
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The Weird World Of Economics: 08/23/06
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The Weird World Of Economics. Wednesday, August 23, 2006. Why Consumers Are Terrible At Remembering Store Prices. The New York Times. Consumer researchers know that people are terrible at remembering store prices: two seconds after taking a product from a shelf, the average person has roughly a 50 percent chance of remembering how much it cost. But few researchers have examined why some prices are more memorable than others. Posted by UncommonBusiness @ 11:10 PM. View my complete profile. 5 Essential Cha...
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The Weird World Of Economics: 09/04/06
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The Weird World Of Economics. Monday, September 04, 2006. By STEPHEN J. DUBNER and STEVEN D. LEVITT. Published: February 5, 2006. But the fact is most bookies are doing just fine. So could it be that bookies have a good reason to allow that loophole to dangle? Could it be that a seemingly dumb bookie is actually dumb like a fox? As you can see," he says, grinning, "I'm not under my desk, and I haven't had to use the defibrillator today.". So does Esposito exploit those biases to increase his winnings?
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The Weird World Of Economics: 08/28/06
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The Weird World Of Economics. Monday, August 28, 2006. 10 things you shouldn't buy new. Few people really enjoy wasting their hard-earned money, but many of us do it every day by buying new. We could do our pocketbooks, and the environment, a big favor by opting to be the second owner of some of the stuff we buy. Books, books, books. Now this is awkward, because I wrote a book. (Warning! Your local library, for example, may allow you to reserve titles online and then deliver them to your nearest branch f...
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The Weird World Of Economics: 09/02/06
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The Weird World Of Economics. Saturday, September 02, 2006. Staging' homes with works of art gets them sold faster. With home sales tumbling to a two year low, real estate agents looking for innovative marketing techniques to boost sales have found that a work of art hooks a buyer better than a fresh coat of paint. And it works, said Jan Sewell, a real estate agent in the northwestern city of Seattle who specializes in decorating homes for sale. When you walk into a room that has artwork, the space becom...
