Author Archives: F. E. Guerra-Pujol
Hug your loved ones tight today
In Memoriam: Bella Benvenutti Our hearts are broken, yet again. My wife and I are mourning another tragic and untimely loss. My former student and dear friend Jan Rene Benvenutti lost the love of his life — his beloved daughter … Continue reading
Ray Sturm’s most cited paper
In honor of my late colleague and dear friend Ray Sturm (pictured below), today I am posting a link to his most-cited work, his 2003 paper “Investor Confidence and Returns Following Large One-Day Price Changes” in which Ray identified an … Continue reading
Measuring the value of time
As a follow-up to my previous post in honor of my late colleague and friend Ray Sturm (pictured below), who died recently at the too-early age of 58, today I am a posting a link to his beautiful 2008 paper … Continue reading
In memoriam: Ray Sturm
How many faculty have you ever seen ride to class on a skateboard, compete in surf championships, or play in a rock band? My dear colleague and friend Dr Ray Sturm (pictured below, far right) was a one-of-a-kind scholar, bon … Continue reading
Holiday readings
Originally posted on prior probability:
Among other things, the holidays are a time when I finally get to catch up on my scholarly readings. Below, for example, is a listing of some of the sundry papers and books I am…
The Economics of Narcos
Alternate Title: A Simple Model of Drug Smuggling Happy New Year! Having re-binged Narcos Colombia and Narcos Mexico during the holidays, I was inspired to develop a simple model of drug smuggling. First off, assume that p is the probability … Continue reading
Guaranteed Income Update
I will continue with my review of Nozick in the next day or two. In the meantime, however, check out this misleadingly-titled report by Sarah Holder “The Year Basic Income Programs Went Mainstream“, which begins by noting that 20 guaranteed-income … Continue reading
Nozick on punishment and anti-punishment
Originally posted on prior probability:
The last two subsections of Chapter 6 (pp. 137-146) contain an extended digression on the problem of punishment and the possibility of “anti-punishment” (my term) via preventive detention in “resort detention centers”, one of my…

