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Author Archives: F. E. Guerra-Pujol
Should politicians be legally liable for making false campaign promises?
To be more precise, should the tort of fraudulent misrepresentation apply to promises made by politicians running for office? (Put another way, why are most claims of fraud or deceit limited to commercial cases?) One reason politicians are generally not liable … Continue reading
Is SeaWorld guilty of false imprisonment?
Right now a controversial piece of draft legislation, Assembly Bill 2140, is pending before the Water, Parks, and Wildlife Committee of the California State Assembly. This bill would require SeaWorld San Diego to stop using killer whales in its iconic marine shows and to … Continue reading
Acts of love …
Former Florida Governor Jeb Bush got it right … calling for compassion for illegal immigrants and recognizing that most undocumented workers come to the US to provide for their families: “Yes, they broke the law,” Mr Bush told a reporter, “but it’s not a … Continue reading
Shouldn’t Smith & Wesson and the maker of Ambien be legally liable for the recent Fort Hood massacre?
Many reports indicate that the gunman, Ivan Lopez, had been prescribed the drug Ambien when he killed four men (including himself) and injured 16 others on 3 April 2014 with his .45-caliber Smith & Wesson pistol. This senseless massacre of innocent people raises … Continue reading
What % of basketball and football games are fixed?
The fraction or number of such games has to be greater than zero, but how much greater? By way of example, do you detect any suspicious patterns or red flags in this box score of the Huskies’s 63-53 Final Four upset victory over the Gators yesterday … Continue reading
Litigation and the game of poker
As we note in our 2012 working paper The Poker-Litigation Game, the process of legal litigation shares many important features in common with the game of poker: 1. Both poker and litigation are strategic games, that is, competitions in which the players/litigants must … Continue reading
Information asymmetry (Kremlin edition)
The West has no idea what Russia is willing to do, but Russia knows exactly what the West will – and, more important, will not – do. This has created a dangerous asymmetry, which could spell disaster for the international … Continue reading
Why do consumers still purchase GM cars? *
According to this working paper by professors Susan Helper and Rebecca Henderson in the Harvard Business Review, GM’s market share in the US fell from 62.6% to 19.8% between 1980 and 2009 … In other words, a large fraction of US consumers … Continue reading
Posted in Uncategorized
Tagged Consumer Behavior, Economics, General Motors, Rational Choice
2 Comments
Thoughts On Northwestern Football Unionization
Originally posted on Cheap Talk:
These are my thoughts and not those of Northwestern University, Northwestern Athletics, the Northwestern football team, nor of the Northwestern football players. As usual, the emergence of a unionization movement is the symptom of a…
Disney theme parks to announce lower ticket prices
It’s about time! Here’s a sneak peek at Mickey’s official announcement …
prior probability 