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Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
So you’re standing at the edge of a cliff, chained by the ankle to someone else. You’ll be released, and one of you will get a large prize, as soon as the other gives in. How do you persuade the other ...
Human behavior drives the evolution of biological organisms in ways that can profoundly adversely impact human welfare. Understanding people's incentives when they do so is essential to identify ...
Countries where democracy is in trouble share a common pattern, and it’s a worrying one for the United States. Credit...Photo illustration by Ricardo Tomás Supported by By Amanda Taub Amanda Taub ...
In its negotiations on the two key infrastructure bills, Congress members are utilizing the classic economic concept of game theory to outmaneuver one another. We look at what this federal ...
Life-saving kidney exchange programmes are just one of the practical applications of the market-matching theories for which American economists Alvin Roth and Lloyd Shapley won the 2012 Nobel prize ...