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Saturday, July 27, 2013

About Economics: Wages, Game Theory, and Some Summer Tunes


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From Jodi Beggs, your Guide to Economics
Hi all,
I hope you find this week's articles interesting! As for me, I'm going to continue pondering whether it's "prisoners' dilemma" or "prisoner's dilemma."
Cheers,
Jodi

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Understanding the Link Between Productivity and Wages...
One commonly discussed issue among economists and policy makers is the behavior of wages as compared to labor productivity. Read More

Game Theory and the Prisoners' Dilemma, Sports Edition...
Not surprisingly, the explanation of the Prisoners' dilemma in game theory was given in the context of, well, prisoners. Read More

An "Econ Summer Mixtape," Courtesy of NPR...
Given how hot it was last week (I'm in Cambridge, Massachusetts, but I heard that the weather was a problem pretty much everywhere!), I figured it was only appropriate to bring you what NPR's Planet Money blog calls its "econ summer mixtape." Read More

The Production Function
How do economists model how companies turn inputs such as capital and labor into output?
Search Related Topics:  production  profit maximization 



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This newsletter is written by:
Jodi Beggs
Economics Guide
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