Tyler Cowen has a neat post about pennies behaving as call options on zinc/copper.
Archive for the ‘economics’ Category
Pennies as call options
Thursday, April 13th, 2006eBay bidders are dumb, film at 11!
Friday, February 24th, 2006Interesting post at Marginal Revolution on how eBay-bidders will prefer a $6 item with $5 shipping over a $10 item with free shipping.
Why am I not surprised?
In whose interest are they working?
Tuesday, September 20th, 2005Surely I can’t be the only person to wonder how much of the sometimes insane shrillness of DeLong and Krugman (especially the latter) comes from having their hopes of getting a sinecure with a Gore or Kerry administration so rudely dashed.
That said, at least DeLong still often has interesting stuff to say, as opposed to turning into a complete partisan hack a la Krugman.