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Latest Economic model Stories

Complex Games Lead To Irrational Decision Making
2013-01-08 15:04:34

A new study highlights how complex games make it harder for players to develop optimal strategies, thus leading to less rational behavior – an observation that has profound implications for how we understand stock markets.

2012-06-19 23:03:47

Making assumptions about the similarity of outcomes between laboratory species and humans is often disappointing after much investment of time and cost.

2012-03-21 14:10:32

Large-scale microfinance programs are widely used as a tool to fight poverty in developing countries, but a recent study from the Consortium on Financial Systems and Poverty suggests that they can have varying results for participants and may be the most cost-effective use of funds only in limited situations.

2012-03-06 11:12:42

Modeling biological systems can provide key insights for scientists and medical researchers, but periodic cycles that repeat themselves – so-called oscillatory systems – pose some key challenges.


Word of the Day
ultimo
  • In the month which preceded the present; in the last month, as distinguished from the current or present month and all others.
  • In the month which preceded the present; in the last month, as distinguished from the current or present month and all others.
The word 'ultimo' comes from the Latin phrase 'ultimo mense', 'in the last month'.
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