Wednesday, June 19, 2019

OLS, BLUE and the Gauss Markov Theorem

In today’s article, we will extend our knowledge of the Simple Linear Regression Model to the case where there are more than one explanatory...

Pure vs. Mixed Strategies

The stadium lights are blinding, and the murmuring of the crowd in the stands is amplified into a deafening roar. Yet, your senses have...

William Nordhaus and the Economics of Climate Change

The 2018 Nobel Memorial Prize in Economics was awarded to two American Economists, Paul Romer and William Nordhaus, for their work on economic growth...

What is Economics of Information?

Article Written by Zuleykha Gasimova Introduction Economics of Information is a field of microeconomic theory which studies how the imperfect allocation of information affects economic analysis....

An Inquiry on Linguistics in Economics

A few weeks ago, I was faced with the daunting task of writing about communication forms in my introduction to academic writing. As someone...

The Cobra Effect

  I don’t think the British had cobras roaming the street. Wild guess, I know, but it probably explains why they were so surprised to...