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Author Archives: F. E. Guerra-Pujol
Why do public officials in D.C. get to run red lights?
File this entry under Third World America, i.e. a country where our laws don’t apply to the most powerful people in our government. We were walking toward Metro Center in Washington D.C. around 11pm when we witnessed a mini-convoy consisting … Continue reading
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Time Out
We won’t be blogging too much during the next few days because we are attending a workshop for law professors in public choice economics at George Mason University.
Posted in Uncategorized
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Legal probabilities
In this post, we build on the work of Dixit & McAdams (see our previous two posts) in order to create a general bargaining model of civil litigation. Let’s consider a civil case for our model. Specifically, let’s assume the case has … Continue reading
Posted in Economics, Game Theory, Law
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Politics as Nash bargaining
In our previous post, we presented this beautiful essay by Avinash Dixit and David McAdams, who use game theory to analyze the year-long political impasse over the U.S. Supreme Court. We now wish to say a few more words about … Continue reading
Posted in Economics, Game Theory, Law, Politics
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Game Theory 101 (Scalia’s replacement edition)
Check out this excellent essay in the Harvard Business Review in which two academic economists, Avinash Dixit and David McAdams, use game theory to analyze the year-long political impasse over the U.S. Supreme Court. Game theory is a branch of … Continue reading
Posted in Bayesian Reasoning, Economics, Game Theory, Law, Politics
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Map of largest publicly-traded company (by stock market capitalization) in each U.S. State
Posted in Economics, Questions Rarely Asked
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Visualization of the most and least talkative Simpsons characters
Posted in Bayesian Reasoning, Mathematics
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Capitalist Cuba?
File this entry under Paradoxes of Cuban Socialism. Why isn’t access to the Internet free in Socialist Cuba? Via the Associated Press (emphasis by us): HAVANA (Sep. 21) — The Cuban government says it will make five miles of Havana’s … Continue reading
Trump, mercantilist
Lately, Donald Trump has been accusing Hillary Clinton of being “stuck in the past.” This assertion is highly ironic, coming from a mercantilist! Via Tyler Cowen, quoting Donald Trump’s chief economic adviser Peter Navarro, here is the essence of Mr … Continue reading
Posted in Economics, History, Politics
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prior probability 