Tag Archives for homo economicus
Economics of Sex at the Olympic Games
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 … Continue reading
Kasinomics
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 … Continue reading