Exploring bleeding edge experiments, oddities, new and bizarre dicoveries, and fact-checking conspiracy theories since 2008. No question is out of bounds and no topic is too strange for a deep dive.
Economic theory and reality keep colliding as the Great Recession unfolds, and Wall Street keeps pretending that the theory is winning.
Game theory assumes that all humans are hyper-rational actors at all times. And that's exactly what undermines its use in the real world...