Talk vs. Work
How to sell a dollar for more than a dollar. Exhibiting a little…
How to sell a dollar for more than a dollar. Exhibiting a little game theory, this professor shows how “all pay auction” games can lead the actors to pay more than a dollar for a dollar.
I think this may also come into play when states deal with the federal government.
Political lobbying explained through the example of all-pay auctions (via davidzet)
Cool subway designs
Cool subway designs. I spent a lot of time in the Stockholm subway and enjoyed the designs.
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