Posts Tagged ‘herd behavior’

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    Are You a Follower?

    Jul 2, 12 • 287 Views • Behavioral Economics, Businesses, Environment, Government, Households, Macroeconomic Measurement, Regulation, UncategorizedNo Comments

    This sign in Arizona’s Petrified Forest was having little impact: “Your heritage is being vandalized every day by theft losses of petrified wood of 14 tons a year, mostly a small piece at a time.” However, after some sign experimentation,

  • 16889_sheep

    Heed the Herd

    Jan 25, 12 • 188 Views • Behavioral Economics, Demand, Supply, and Markets, Economic History, Economic Thinkers, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    By Mira Korber, guest blogger. Just the other day, I walked outside to find all six of my horses facing the exact same direction, muscles tensed, ears pricked, nostrils flared…Clearly their horsey intuition was picking up on some obscure, equine-eating