01 The Language of Music 02 Schooling and Education 03 The Definition of “Price” …… 37 Icebergs 38 Topaz 39 The Salinity of Ocean Waters …… 48 Bacteria 49 Sleep 50. Cells and Temperature
All the models considered so far have one thing in common. There is no uncertainty. This is a very restrictive assumption. Often in economic situations there is less than perfect information. Both production and consumption often involve unknown variables that affect the profits and utility of the agents
Endowments and Allocations Consider first the case of a pure exchange economy. (One with no production). Suppose there are two consumers, A and B, in a two good economy. A starts with an endowment of ωA =
Legal History for a Dummy: A Comment on the Role of History in Judicial Interpretation of the Confrontation Clause by Peter Tillers* I struggled quite a bit over what I should talk about today. I know a little bit about exploratory fact investigation1 and about related matters such as induction and what philosophers of science call the logic of discovery.2 I thought about discussing the worrisome implications of Crawford v. Washington3