Friday, September 28, 2018

An economic model to help policymakers to reassess risk evaluation, concerning the diminutive efforts of climate change ||

Two economists, one with the London School of Economics and Political Science, the other with Princeton University, have created a model to assist policymakers in better understanding willingness issues related to climate change mitigation efforts. In their paper published in Proceedings of the National Academy of Sciences, Timothy Besley and Avinash Dixit describe how their model works and the ways it could be used.





Monday, September 24, 2018

Why do people share? It's interactive, communicative and contagious ||



                                     















                     

[six-year study] In the modern world, people cooperate with other people including strangers all the time. We give blood, tip providers of various services, and donate to charity despite the fact that there is seemingly nothing in it for us.