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Modeling a zombie epidemic using SIR ‘Another Zombie Epidemic’ is a revised version of their first paper, ‘A Zombie Epidemic’, which builds on the SIR model to create their desired model for a zombie epidemic. This new model includes more parameters and is more dynamic. The first model placed a time limit of 100 days and did not factor […]

Information cascades as a cause of financial crises

An information cascade is characterized by an instance in which an people view the behavior of others and engage in the same behaviors despite possibly having information or preferences that would influence them to do the opposite. Put simply, information cascades are cause when an individual ignores their own personal inclinations and follows the larger […]

flu epidemic We are currently in what may be considered the heart of the common cold and flu season. The common cold and flu epidemic is one that can spread rapidly and with it being flu and cold season it is much easier spread while being in a confined environment such as a college campus where […]

Analyzing Social Behavior with Game Theory

Article: Title: Game Theoretical Inference of Human Behavior in Social Networks In class, we have learned about the utility of Nash equilibriums in predicting game outcomes while analyzing what each actor stands to gain from different actions. We have also learned about power laws, which are related to the concept of preferential attachment (aka […]

Finding Optimal Parking Lot Design During the Holiday season, the malls of department stores of America are almost constantly overwhelmed by shoppers wishing to extract (or in this case save) as much wealth as possible on any given desired good without any reciprocal payment. This behavior is known in economics as rent-seeking behavior. Like a toaster, new video game, […]

Computer Viruses Model Real Viruses This article, which provides a list of eight famous computer viruses, is a short but interesting read, if not a bit BuzzFeed-y in style. In class we considered the spread of actual viruses, such as the flu. Computer viruses (more appropriately malware, of which viruses are just one type) are aptly named, as they […]

How I Learned to Stop Zombieing and Love the Vaccine

In class, we discussed the SIR model of disease transmission. Different variants of the SIR model are the standard differential equation model for disease spread. In class, we analyzed the SIR model by calculating the expected number of transmissions per person. We argued that if this number were less than 1, the disease would eventually […]

Network Effect on Social Media Activism A network effect is the effect described in economics and business that an additional user of goods or services has on the value of that product to others. When a network effect is present, the value of a product or service increases according to the number of others using it. In the modern age, […]

Pneumonic Plague Is Diagnosed in China This New York Times article discusses how two people in Beijing were diagnosed with the plague where everyone in Beijing, especially the government, became worried about this disease spreading. It mentioned in the article that these two people were from Mongolia, northern China. They were brought to the hospital and diagnosed with the pneumonic […]

Wisdom of the Crowds in “Who Wants to Be a Millionaire?” The Wisdom of Crowds is useful in games such as “Who Wants to Be a Millionaire?” where players are given the option to ask the crowd to answer a question for them. Any random vote doesn’t mean much, but taken together, the collective wisdom of all the votes tends to be very accurate. Even […]

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