We can use economic game theory to understand the decisions made by kickers and goalies during World Cup penalty shootouts.
Weekly Roundup: From Pricey Hips to Costly Lines
Our economic news summary includes underutilizing female labor, delayed gratification, pricing medical care, interstate migration & assessing labor markets.
Next Day Delivery and the Prisoner’s Dilemma
Retailers face the prisoners’ dilemma when deciding whether to keep next day shipping guarantees on December 23rd because a decision relates to what others do.
