News tagged with economic model

Why moderate beliefs rarely prevail

(Phys.org)—We live in a world of extremes, where being fervently for or against an issue often becomes the dominant social ideology – until an opposing belief that is equally extreme emerges to challenge ...

dateOct 02, 2012 in Mathematics feature
shares0 comments 78

Crowd wisdom economics: The bad news

(Phys.org) —Volkswagen is simply a better car company than Fiat. Profits are higher, and so are wages. Why doesn't Fiat just be like VW? Why doesn't Italy, for that matter, emulate Germany? Is it elites that perpetuate ...

dateMay 29, 2013 in Economics & Business
shares0 comments 0