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In Memoriam Reinhard Selten (1930 – 2016)

German economist extraordinaire Reinhard Selten has died. Born October 1930, he was 85. In 1994 he was awarded the Nobel Memorial Prize in Economic Sciences which he shared with John Harsanyi and John...

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In Memoriam Thomas C. Schelling

Tom Schelling was a US American economist (born April 14, 1921); until his death yesterday (Aussie time) he was Distinguished Professor of Economics at the University of Maryland, College Park. He was...

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Lemonade and the question of (laboratory) evidence

Lemonade Inc., the New York based fintech startup that sells home and renters insurance has been in the news recently. It has raised tens of millions in venture capital  and also considerable interest...

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Boehmermann vs Erdogan – an update

You might remember the case of German comedian Boehmermann and the poem with which he demonstrated what you could, by then-German law (paragraph 103 StGB, the Criminal Code), *not* say about...

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Review: Tomer’s Advanced Introduction to Behavioral Economics

In the next couple of months I shall, in preparation for an invited longer review essay on recent books on BE, post reviews of individual books such as Tomer’s, Angner’s A Course in Behavioral...

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Ethical failures: Where they come from and how to address them

A review of Gentilin, Dennis. The Origins of Ethical Failures. Lessons for Leaders. A Gower Book. Routledge (2016). ISBN: 978-1-138-69051-6 Ethical failures were in the press big-time in 2017....

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Kalle and me. Schumpeter, too.

[One of my intellectual heroes, Karl Marx, had his 200th birthday (May 5) this weekend. So I decided to reflect on his influence.] My first encounter with Kalle was when I was still in (the equivalent...

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Comments on the Interim Report of the Royal Commission into Misconduct in the...

October 26, 2018 The following remarks are informed by discussions during a by-invitation-only roundtable on October 19 that was organized by the UNSW Business School research networks on Cyber...

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Living/minimum wage: what we know

Version 1.0 (April 24, 2019) A couple of weeks ago, I got ensnarled in one of these debates on Facebook that do not go anywhere; it was triggered by the Australian Labor Party’s recent Living Wage...

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Review: Katy Barnett’s The Earth Below

Almost a century after “the Catastrophe”, a group of survivors have built a new society deep in the safety of an underground network. The earth above is mostly uninhabitable, with skeletons everywhere...

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My take on NOISE (the book)

Executive Summary: I’m not much impressed. For details see here: Comments welcome.

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