TCP Shorts: Revealed Preferences
Imagine you're trying to impress your friend Olive with how healthy you are. "Oh, yeah, spinach, I love that stuff," you say. »
Convergence
Imagine you’re running a 10K. Now imagine you’re running a 10K and you had a three-egg omelette, raisin toast, grits, and a side of »
Naive Realism
Why is it so frustrating when someone disagrees with you? Often because YOU KNOW that you’re right and the other person is wrong. Or at »
Six Years Late: The Planning Fallacy
Do you find that your projects always take much longer than you thought they would when you started out? Well, don’t worry: you’re not »
Fixed and Marginal Costs, and Economies of Scale
How much does it cost to buy a case of soda from Costco? The simplest answer is that $5 seems to be the asking price. But »