Seeking Questions

Suppose the owner of a medium-size business makes $1M profit in a given year, before taxes. If the owner takes that money out of the busines...

Queueing theory, as you might imagine, answers questions about queues. It expresses relationships between: - arrival rate of items (where i...

When we left off , the FRED stock banking system was on the verge of collapse. Continental Freebank of Illinois had failed, their depositors...

There's a saying in synthetic biology: "If you can't build it from scratch, then you don't understand it." With that i...

Last post talked about the fast, intuitive, heuristic-driven system 1 and the slow, methodical, rational system 2 in car shopping. Markete...

Let's start with the shameless plug: I'm a data scientist at a zero-inventory car dealership called carlypso . I spend a lot of time...

Most people operate in reasonably efficient labor markets, the sort you might learn about in econ 101. There's a range of incomes, and t...