Auction Theory Behind Google’s IPO in 2004
Exactly 12 years and one month ago from today, Google held its IPO (initial public offering) that attracted numerous investors from diverse financial backgrounds all over the United States. Many auction theorists, from renowned professors in Ivy League universities to young Economics-major students looking for a case study, were closely observing the event that was about […]
“To have sex, or not, that is the question” and Game Theory
Game theory is about the way humans make decisions and strategize. It’s a fundamental part of human interaction and processing simple to complex problems. And I wondered about the presence of game theory in literature because I feel that science is a great way to learn and analyze and pull out different parts […]
Facebook Bidding Wars
Facebook Ads Bidding 101: Everything You Need to Know (…supported by data) The world of advertising is rapidly changing as online services continue to grow. Companies like Facebook, Google and Snapchat are all leveraging their respective real estate on the web along with their impressive numbers of users to attract advertisers to their site. While […]
Ties between Tech Companies and Local Restaurants
Silicon Valley is at an unprecedented time in history in regards to the “tech bubble.” Tech giants, such as Google, Facebook, and Uber are valued at billions of dollars. These companies gain enough revenue throughout the year to offer unparalleled benefits to their employees to remain competitive, which, among free laundry, haircuts, and gym memberships, […]
I’m into metal. Metal music, that is. Not surprisingly, I looked up a few facts on metal statistics and found some fairly interesting data. Long story short, we can see that metal prevails in most of Scandinavia. This definitely does not surprise me since the last we heard of this [in the public media] was […]
Breaking High-Speed Fiber Network Monopoly in Canada
In Canada, the telecom/internet business is dominated by three companies, Telus Corp., BCE Inc., and Rogers Communications Inc. In markets where more than one could possibly be an option, they try not to compete, limiting customer options. Last year, the Canadian Radio-television and Telecommunications Commission (CRTC) proposed a plan to allow wholesale access to their […]
Matching Markets and NYC High School Admissions
Main Article, written by the 2012 Nobel Memorial Prize cowinner in Economic Science Alvin Roth (fun fact: he went to NYC public schools growing up): http://tinyurl.com/hnl8lyg Supplementary Articles on the topic: http://tinyurl.com/oexwozm and http://tinyurl.com/jgz4s2k The article “Why New York City’s high school admissions process only works most of the time” by Alvin Roth details of the […]
Hacking the system of social influence: How can we use the mechanics of influence to drive behavior for public good?
Hacking the system of social influence: How can we use the mechanics of influence to drive behaviour for public good? Social Influence is unavoidable and ubiquitous and it plays the most important role in people’s life in many aspects: from political attitude toward presidential election to choice of what cereal brands you choose to […]
Premier League Loans and Weak Ties
Premier League clubs (England’s top soccer competition) suffer from a problem unique to teams of their financial superiority. Soccer clubs in the world’s top leagues can buy and sell players in two major periods called transfer windows. In England, these transfer windows occur during the off-season in summer and in the middle of the season […]
Upturned Values in Market Purchasing Decisions
While we’ve been discussing recently about market clearing prices, price matching, individual buyer values and the related phenomena, the large majority of that has occurred in regards to concrete items being bought & sold. Well, that is to say that we assume when there’s a match between Seller A and Buyer X, something tangible is […]
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