Posts Tagged ‘opportunity cost’

  • 16790_cheating..12.7.11_000016337564XSmall

    Why Might People Cheat?

    Dec 7, 11 • 409 Views • No Comments

    When are people more likely to cheat? Behavioral economist Dan Ariely says to look at sweatshirts, the Ten Commandments, dollar bills and cans of Coca-Cola. In one experiment, Ariely discovered that more students would copy someone’s seemingly dishonest......  [read more]

  • The ROI From College

    College Matters

    Nov 23, 11 • 465 Views • No Comments

    Assume you are an 18 year-old high school graduate with $102,000 to use for a lifelong investment. These are your choices: triple-A rated bonds housing common stock Bachelor’s Degree (4 year college) Associate’s Degree gold long term treasuries......  [read more]

  • 16730_12.26_000004511800XSmall

    The Future of Oil

    Nov 8, 11 • 395 Views • No Comments

    When will we run out of oil? A room full of pistachios might have the answer. In the first several pages of The Invisible Heart: An Economic Romance, a teacher says you have been given a room filled 5 feet high with pistachio nuts. The nuts are free, you are......  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    Babies and the Elderly

    Oct 24, 11 • 485 Views • No Comments

    The beginning of life and the end of life are becoming more expensive. The number of premature babies in the U.S. has soared by 36% during the past 25 years. Caused partially by twins, triplets, (and more) from older mothers and by advances in......  [read more]

  • 16687_8.17_000014030272XSmall

    The Blackberry Disruption

    Oct 18, 11 • 327 Views • No Comments

    Last week’s Blackberry blackout saved lives. In Dubai, traffic accidents dipped 20%. For Abu Dhabi, the decrease was 40%. Considering that there is approximately 1 traffic accident every 3 minutes in Dubai and a traffic fatality every 2 days in Abu......  [read more]