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Using the Crowds in the Clouds »

We are happy to announce some excellent new resources that have come to our attention and which we are adding to the Resources page of our website.

Crowdworks Library : A library of papers dealing with Prediction markets, divided by subject. Get all our prediction markets information right here!

BItcoin : Bitcoin, a P2P electronic [...]

Game Theory in Videos »

Youtube User JimBobJenkins has some excellent primers on Game Theory available on his Youtube Channel, which include matrices and game trees and address familiar concepts such as The Prisoner’s Dilemma, the Ultimatum Game and Forward Induction.
Videos can be found here.
Of course, if you want to then see some other Game Theory videos from the web, [...]

Excerpt from our Book: Dumb History – The Boston Tea Party »

What follows is an excerpt from our new book: Bringing Sexy Back to Economics.
It is an understatement to say that the late 1700’s were a turbulent time in American History. The colonists were fed up with being considered second class citizens and more and more of them were eager to rid themselves of the [...]

Our Book is out! Our Download is new! Our Economics is Sexy! »

That’s right. Our book Bringing Sexy Back to Economics is now Available to Order!

We know it has taken a while, which is why we added three new chapters to the physical book (not available in the E-book and Kindle versions). These new chapters, ‘The Twitter Bubble’, ‘Yes, Virginia, Markets are Efficient’ [...]

Are Hybrids Good for the Environment? »

Along the lines of calculators, here we feature another one, this time to calculate the eco-friendliness of that new car you’re thinking of buying.
According to Wired Magazine, building a Toyota Prius consumes 113 million British Thermal Units (BTU), while a gallon of gas contains about 113,000 BTU. The 2008 Prius can go 48 miles [...]