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The Rich Just Keep On Getting Richer and Richer…

The rich get richer is a phrase that many of us are familiar with, even more so now due to the recent election. This phrase refers to the economic sentiment that those who are wealthy are put in a position to make more money, and those who are not are doomed to stay on that path as […]

A Milky Cascade

While at Cornell, I’ve befriended quite a few Canadians.  A number of times, I’ve heard peoples’ disbelief when they find out that they drink their milk out of bags.  While foreign to us in the USA, it certainly has its benefits – Since less plastic is used, costs per liter go down and tons of […]

Internet Safety

It is incredible how technologically savvy children can be at such young ages in this generation. I have experienced this first-hand; my cousin was playing games on my uncle’s iPad at the age of 3! Video games don’t appear harmful to children, but the use of the Internet is definitely a source of danger and […]

Apple’s success and information cascades

Most people know that apple sells an extremely high quantity of iPhones, but why? Is it solely because people think the product is superior to other phones or are there other factors? I would like to argue that people buying iPhones is partially due to informational effects and direct-benefit effects. As we learned in class, […]

Apple Stock, Too High?

http://bgr.com/2012/11/08/apple-analysis-wall-street/   Everybody knows about Apple.  Nearly every college student has some form of an Apple product, be it an iPod, an iPhone, or a Mac.  But perhaps apple is doing too well for its own good, according to some Wall Street analysts.  In both the past September quarter and holiday quarter, Apple has made […]

Nate Silver’s FiveThirtyEight Blog

One of the most interesting things in elections is seeing how well the polls and predictions match up with actual results. It’s an interesting application of statistics and probability, and one man in particular, Nate Silver from the FiveThirtyEight blog, nailed every single state (except Florida, which still hasn’t been called as of this posting). […]

An Ironic Cascade of Anti-Cascade

Within every generation, there exists a group of people looking to revolt against the norm.  The 20s had flappers, the 60s had hippies, and the 90s had grunge… In the last decade, a new subculture has emerged in society: the hipster.  These thrift shopping, local coffee drinking, thick-rimmed glasses wearing anomalies are the current generation’s […]

Facebook IPO and information cascades

Sources: http://en.wikipedia.org/wiki/Facebook_IPO http://www.forbes.com/sites/investor/2012/03/02/think-twice-before-jumping-on-facebooks-ipo-bandwagon/ http://money.cnn.com/2012/05/23/technology/facebook-ipo-what-went-wrong/index.htm This year, Facebook went public. It held its IPO in May (one of the biggest IPOs ever), valued at around $16 billion. Shares of the company’s stock were sold to the general public for the first time, transforming it from a private company to a public one. Just prior to opening, […]

Google Casts a Big Shadow on Smaller Web Sites

This article from The New York Times explains that Google is facing the largest government investigation of a large corporation since Microsoft. This is because the Federal Trade Commission believes that Google may be using its search advertisement to favor its own products at the cost of other, smaller businesses that are paying them for […]

The Future of Social Media Networks

The close-knit social media network, which has only recently been woven, owes much of its prowess to the popularity of social media giants Facebook and Twitter. Its effects are undeniably causing changes to how we interact with one another. For example, Facebook and Twitter accounts enable us to attend to our friends in a way […]

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