May 2013

May 10, Kimberly Wade-Benzoni, Ph.D. – The Egoism and Altruism of Intergenerational Behavior Abstract: Some of the most important issues in society today affect more than one generation of people. In this article, the authors offer a conceptual overview and integration of the research on intergenerational dilemmas—decisions that entail a tradeoff between one’s own self-interest

Some markets are ugly. Others work miracles. An article by Vernon L. Smith featured in the Daily Beast. “The Great Recession began in the fourth quarter of 2007. Measured in Depression clock time, 2012 was 1934, when the U.S. economy expanded 7.7 percent. Today such expansion seems remote. Rather, the economy is still stuck in

How Product Labeling Killed Some Truly Righteous Weed and Might Even Raise Your Hospital Bill by Megan McArdle In this article, published in the Daily Beast online, Author Megan McArdle uses experiments run by the Economic Science Institute’s Dr. Bart Wilson to discuss how transparency may have unexpected results to a market. Check out the full