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The Economics of Valuing Social Media ... How Much Is a Twitter Follower Worth? January 19, 2012
Social media has become a large part of everyday life. So much so that courts are now being asked to determine how valuable social media is under certain circumstances. Here, we examine a a recent court case involving more
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A day in the life of an economist … Correcting the Information Asymmetry That Plagues Our Profession January 12, 2012
Some say economists are a different breed. We aren't really. Learn about who we are as we teach you about information asymmetry.
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How I Learned to Stop Worrying and Love Cyber Monday December 15, 2011
With the holidays upon us, we provide an economic analysis of holiday shopping - in-store and online. We'll teach you about the economics of transaction costs as we contemplate alternative shopping methods.
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Excuse Me, It’s Time to Make the Coffee! Observable Office Market Failures December 8, 2011
We let you in on an Edgeworth market failure - the forever empty coffee pot. Learn about public goods, private goods and economic incentives as we ponder solutions.
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Why Are Some Commercial Spaces “Cursed Locations”? November 28, 2011
In our neighborhood close to Dupont Circle in Washington, D.C., we walk by one block whose restaurant doors open and close frequently. We decided to investigate the economics of their situation.
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What the American Pickers Need to Know About Gas Prices November 17, 2011
How do you predict retail gas prices using Edgeworth Cycles? Read and find out.
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The Real Economics of the Groupon IPO, Part 2 November 10, 2011
Does Groupon IPO math add up? Ask the economic experts! We continue from our last post to discuss valuation – something our economic consulting firm specializes in.
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The Real Economics of the Groupon IPO, Part 1 November 4, 2011
So much chatter about Groupon and its ups and downs… so let’s give it the economist expert overview. What are the true economic forces affecting Groupon? And what does this mean for the Groupon IPO?
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Netflix and the Economics of that Red Envelope October 31, 2011
What has happened to Netflix? Get our take on the economics of that red envelope here.
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Playing Nicely in the Edgeworth Box October 27, 2011
How is debt reduction related to Pareto Optimality? Read more to find out.