Economics
The Pricier, the More Desirable: The Veblen Effect
Some goods sell better the more their prices rise. This article explains the Veblen effect, in which the desire to show off drives up demand, covering its meaning and origins, how
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810 articles found
Economics
Efficient Decision-Making Strategies Through Game Theory
Game theory is an important analytical tool used in many fields, helping us understand how individuals or groups make strategic decisions in situations involving interaction. In ec
Film & media
Effective Broadcast Scheduling Strategies and Optimization Approaches
South Korea's broadcasting industry is changing rapidly and developing steadily. Amid these changes, broadcast scheduling plays an important role in attracting and retaining viewer
Film & media
The Empty Object Everyone Chases: The MacGuffin
Why does a film stay gripping even when we never learn what is in the briefcase everyone is chasing? This article explains the MacGuffin, a story device that is vital to the charac
Statistics
Why Great Days Are Often Followed by Ordinary Ones: Regression Toward the Mean
After a standout exam or a praised flight, the next result often looks weaker—and after a flop, stronger. Much of that swing is regression toward the mean, not praise or blame. Thi
Chemistry
Neither Liquid nor Gas: Supercritical Fluid
A supercritical fluid is a substance pushed past its critical point, where the line between liquid and gas disappears. This article explains what the critical point means, the flui
Food & nutrition
Lactic Acid Bacteria and a Healthy Daily Life: Keys to Immunity and Gut Health
Gut health and immunity are emerging as important aspects of health in modern life. Because much of our body's immune system begins in the gut, maintaining gut health is essential
Education
The Secret of Learning That Lasts: Desirable Difficulty
Why is what we learn easily so easily forgotten? This article explains desirable difficulty, as described by Robert Bjork, covering its meaning and origins, learning methods such a
Statistics
When to Stop and Choose: The Secretary Problem
The secretary problem asks how to maximize the chance of picking the very best candidate when you must decide on each one on the spot. This article explains its rules, why the answ
Economics
The Power and Limits of Quantitative Easing: Its Dual Role in Economic Stabilization
Economic stabilization focuses on maintaining a sustainable growth path for a national economy while minimizing economic volatility. Quantitative easing (QE, Quantitative Easing) i
General knowledge
Anything That Can Go Wrong Will Go Wrong: Murphy's Law
Murphy's Law is the rule of thumb that anything that can go wrong eventually will. This piece covers its origins in the U.S. Air Force's MX981 rocket sled tests and Edward Murphy's
Chemistry
Innovative Methods and Broad Applications of Chemical Synthesis
Chemical synthesis is the process of creating new compounds by combining atoms and molecules, and it is an essential technology in modern science and industry. This technology play