November 24, 2011

Target and Best Buy Reach a Game Theory Nash Equilibrium

Decision to open Thursday night, a Nash Equilibrium. Total spending falls with less all day Friday shopping!

November 16, 2011

Keynes vs. Hayek: The Podcast Battle

You've seen the rap videos, now here is the Podcast Battle: Keynes vs. Hayek, courtsey of PBS:

Find F.A. Hayek here. Keynes here.


November 15, 2011

CRIBS...COLLEGE EDITION


Thanks to the Housing crash, some students are able to give up this...


and are living in something like this...



Some students at the University of California - Merced are living large. Really large, thanks to the housing boom and bust in the area. The New York Post writes

"Merced, in the heart of San Joaquin Valley, was ranked the third hardest-hit city in the country for home foreclosures, leaving whole communities of sparkling luxury homes vacant and depreciating, the New York Times reported. For these UC students, the “housing crisis” is an embarrassment of riches.
"I mean, I have it all!" Patricia Dugan, a senior majoring in management, told the Times from her master bedroom suite flooded with California sunshine.
The five — sometimes six — bedroom manses that often feature chandeliers, Jacuzzis, walk-in closets and swimming pools are too expensive for private occupants, but for students splitting costs, rent is peanuts. Several thousand McMansion dormers who have their own bedroom and a private bath pay just $200-$350 each in monthly rent for a typical house share."






Video: Housing Meltdown = Mansions for College Students

Follow this link for some tight college cribs. Housing Meltdown Opens Doors for College Students