Posts Tagged ‘cost/benefit analysis’

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    Driving Costs

    Jun 28, 11 • 301 Views • No Comments

    Describing traffic policy in several European cities, the NY Times tells of poorly synchronized green lights, congestion pricing, auto-free zones. When drivers are inconvenienced, there are fewer cars, fewer emissions, happier pedestrians and bikers. One...  [read more]

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    Will Power and Wealth

    May 22, 11 • 237 Views • No Comments

    Observing young children, scientists believe they can predict certain adult outcomes. One classic study from the 1960s involved delayed gratification.  A child and a single marshmallow were left in a room. The child could have one marshmallow now or two...  [read more]

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    34 Million Different Pizzas

    May 5, 11 • 293 Views • No Comments

    Expressing concern about a proposed FDA calorie-posting rule, Domino’s says it would have to list 34 million different kinds of pizzas. Really. This Bloomberg video explains their position. Using Domino’s “Cal-O-Meter” as a source,...  [read more]

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    Looking Back at a Decision

    Mar 26, 11 • 239 Views • No Comments

    Testifying in 1978, one public official said that economists, citing cost and benefit, recommended using a lower level of levee protection against hurricanes in Louisiana than he thought was necessary. (p. 90 of the Congressional Report on Hurricane Katrina)...  [read more]

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    Economic Insight

    Nov 26, 10 • 234 Views • No Comments

    Have you ever looked at “The 3 Little Pigs” through an economic lens? Referring to the third little pig, Harvard economist Edward Glaeser suggests the fairy tale is about investing wisely. In my econ class, a student used opportunity cost analysis...  [read more]