Kruxdelux

Two beers in, each. Two Averna-Sauer coming. Sun is setting under Vienna’s Newbar. “Kruxi, your cost benefit analysis makes no sense. I...

At times lying will get you straight where you want to be. Other times it costs you heavily (Uh, that rhymed). What are the costs and...

I previously discussed an economic strategy of how to maximize the chances of one-night-stands. Today I will attempt to do the same thing...

This is an exciting one for me because the Economics of Suicide might resolve two philosophical schools of thought. I will first present...

Political participation, social movements, and protests are puzzling for economists. It seems that costs are higher than benefits to the...

In my Sociology study I came across an intriguing paper called “How Community Institutions Create Economic Advantage: Jewish Diamond...

Global Care Chains (GCCs) and feminist causes are at odds with each other. The GCC is a system and network of households around the world...

Nigerian Scams, also known as 419 scams or advanced payment scams, originated as Spanish prisoner scams. Originally Spanish prisoners...

Capital Punishment and the Death Penalty (the former stands for the execution of the latter) is a heated and emotional topic, perfect...

Price discrimination is charging people different prices for the same good. In Micro literature, there are three types of price...

I want to argue that price is a great way to aggregate information. This can be shown in classical stock and commodities markets. Prices...

It is 1974, and the world of academic philosophy is shattered. The oddly titled paper “What is it like to be a bat?” published in The...

Discrimination is a puzzle for economists. The very definition of discrimination is that it separates groups unjustly. In the labor...

We have previously discussed the measure of beauty (Part 1) in academics, and the trade of beauty and income (Part 2). Now we move on to...

Part 1 of this blog series focused on the measurement of beauty in surveys. Having that variable up and running now allows us to get to...

This is the first of 3 posts on the Economics of Beauty. Post 2 and 3 will focus on “Beauty and the Labour Market” and “Beauty and the...

In sports betting there is a well-documented anomaly called the Favorite Longshot Bias (FLB). In the majority of betting markets, the...

Topics discussed in this blog like extrinsic factors, signalling, and social capital naturally lead to the topic of consultancies. I am...

This refers to my previous post “I don’t like art, and neither do you”. In that post, I argued that people consume art as a signal, using...

Economics is a unique tool-set for deciphering the causes of human behavior. It assumes that people are rational, incentive-driven, and...