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In this book, economist Jean-Philippe Platteau addresses the question: does Islam, the religion of Muslims, bear some responsibility for a lack of economic development in the countries in which it dominates?
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My previous blog summarised the orthodox argument why adverse selection in insurance is a bad thing. This present blog gives the counter-argument from my book Loss Coverage: Why Insurance Works Better with Some Adverse Selection. In essence, the counter-argument relies only on simple arithmetic, and can be illustrated by a toy example. Think of a […]
Read MoreGuy Thomas explores why adverse selection in insurance is usually seen as a bad thing in the first of two blog posts based on his new book Loss Coverage.
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My recent book, Rulers, Religion, and Riches: Why the West Got Rich and the Middle East Did Not, addresses one of the big questions in economics and economic history: why did the modern economy emerge when and where it did? Specifically, why did the modern economy emerge in northwestern Europe at some point in the […]
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Over the last two decades, the computational social choice research community has grown from a handful of enthusiasts to hundreds of researchers, who have painted a beautiful picture of the interaction between collective decision making and computer science. Our work on the Handbook of Computational Social Choice was motivated by the desire to celebrate the field’s […]
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An interview with 'Contest Theory' author Milan Vojnovic. His new books offers a comprehensive coverage of contest theory developed in the areas of economics, computer science and statistics.
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A good deal of attention has focused on the psychological makeup of the man who sought and won the Presidency in 2016, including the provocative “Is Donald Trump a Psychopath” by fellow Cambridge author, Steven M. Stahl. (Stahl’s answer: probably not.) While I don’t expect this line of inquiry to let up anytime soon, I […]
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“The problem of the 20th century is the problem of the color line,” W.E.B. DuBois famously observed of the United States. Despite the occasional proclamations of a post-racial society in the aftermath of Barack Obama’s 2008 election, race has continued to dominate American life well into the next century, a fact startlingly brought home in […]
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