Posts Tagged ‘fairness’

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    Bogeys, Birdies and the Eurozone

    Jun 1, 12 • 176 Views • Behavioral Economics, Economic Thinkers, Financial Markets, Government, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, Thinking Economically, UncategorizedNo Comments

    Analyzing more than 1.6 million putts, including Tiger Woods, 2 University of Pennsylvania economists concluded that professional golfers putt better when avoiding a bogey (a stroke over par) than when trying for a birdie (a stroke under par). The reason? Our