One application of social technology to a transportation problem caught my eye today: social flights. There are two civilian air travel economies – the public and the private. Private air travel, on private jets from quasi-public air fields, is a … Continued
In a game called “Power Grid Factory Manager”, two to five players are challenged with running a factory for five turns. The three sources of randomness (exogenous shocks) are the starting bid order, the increase in the price of energy, … Continued
There’s been a some talk about education bubbles as of late. Some of the evidence is compelling. A Frontline documentary on the quality and liability of for-profit post secondary education for instance. A general lamentation of the volume and cost … Continued