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Newsletter 3: Nov 22, 2009

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An abbreviated week… Have a happy and healthy Thanksgiving!


Upcoming seminars of potential interest at Columbia

Monday, Nov. 23

12.10-1.30, Schermerhorn 200C (Psych Dept Cognitive Lunch)

            Dima Amso (Weill Cornell Medical College)

"Mechanisms of Visual Information Acquisition: A Developmental Account."

iCal (to add this event to your calendar)


2.30-4.00, IAB 1027 (Economic Theory Workshop)

Mike Riordan (Columbia)

“Quality Competition and Multiple Equilibria”

To read a paper on this topic, written by Professor Riordan, please click here.

            iCal (to add this event to your calendar)


Tuesday, Nov. 24


2:15-3:45, Uris 306 (I.O., Organizations, and Strategy)

Justine Hastings (Yale)

"Wholesale Price Discrimination and Regulation: Implications for Retail Gasoline Prices."

To read a draft of a paper on this topic, written by Professor Hastings, please click here.

            iCal (to add this event to your calendar)


Weblinks of the week


Uneasy lies the head that wears the crown: managerial dilemmas for tyrants


“For an economist, some of Saddam’s strategies are reminiscent of themes in the economics of organizations…promotion of dumb managers, though for quite different reasons, the difficulties of coordinating across divisions… Another theme is also familiar to game theorists though we have no clear answer: it is very hard for one player to understand the strategic intent of another… presumably Big Bush thought it was obvious which side had defeated the other and could not imagine that Saddam would even consider Gulf War I a win for the Iraqi regime!  This leads the players to have two quite different interpretations of the same event and creates room for future errors.”


Will Ferrell is Hollywood's most overpaid star: Forbes


Using a formula that calculated the actor's estimated salary on each film, including DVD and TV sales, compared to the film's revenues from theater box offices and elsewhere, said that for every dollar Ferrell was paid, his films earned an average $3.29.