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Waymo vs. Tesla: Designing for the Passenger, Not the Driver
Which one is better between Waymo and Tesla? Engineers often compare their technical dimensions such as sensor count or LiDAR. Business people look at cost, focusing on the price of each s...
On Prediction Market Regulation
As an economist, not a lawyer, I write here on public interest, not what is legal. Like all financial markets, prediction markets can serve many functions, such as moving and cutting risk, collect...
We used to care about the dollar deal. Now it’s tough to find. Fast food has always offered us value: Value History. As recently as the Great Recession, $1 was the fast food value meal price point. Offered in 2008 (and ech...
Brain Stimulation Boosts Willpower to Quit Smoking
Quitting smoking is often a biological battle between a hyperactive reward system and a weakened self-control center. A new clinical tria reveals that a noninvasive brain stim...
Can a sprawling city make public transit work? Sydney may be on the right track
At Penrith, a suburb on Sydney’s rural fringe 50km (30 miles) west of the central business district, you ca...