Economics of Sex at the Olympic Games

Sunday, August 24th, 2008

Matthew Syed, a former British Table-Tennis Player, has written a wonderfully amusing article called "Sex and the Olympic City" about the sex life in the Athletes' Village during the Olympic Games. He makes two interesting observations, probably suspected by the casual onlooker, but in its sincerity most fascinating: first of all, ...

Kasinomics

Sunday, April 13th, 2008

Economic theory often uses the notion of Homo Economicus - rational decision-making based on ordered preferences with full knowledge about all anticipated outcomes under the condition of perfect markets with no transaction costs and immediate responses by market participants to changes. This notion of the Homo Economic has been under tremendous ...