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810 articles found
Information technology
The Two Generals’ Problem is a thought experiment showing that, over a channel where messages can be lost, two parties can never be completely certain they have agreed to act toget
Design
Why do decisions take longer the more options there are? This article explains Hick's Law, covering its meaning and origins in a lamp experiment, decision time that grows logarithm
Psychology
The Stroop Effect is the phenomenon in which naming the ink color of a word slows down and errors increase when the word's meaning and its color do not match. We look at the 1935 e
Business administration
The business environment of the 21st century is changing rapidly, and amid these changes, companies must consider innovative management strategies to achieve sustainable growth. Ad
Journalism & communication
Four Theories of the Press (1956) sorted the world's press into authoritarian, libertarian, social responsibility, and Soviet communist theories. This article covers what each beli
Information technology
Wirth’s Law is the rule of thumb that software gets slower faster than hardware gets faster. This piece covers where it came from, why software keeps getting heavier, examples arou
Economics
A Pigouvian tax charges an activity that harms others a tax equal to that harm, so market prices reflect the true social cost. Learn about externalities, how the tax corrects the m
Business administration
Porter's Five Forces is a framework for judging how profitable an industry is by looking at five pressures around a company. This article covers why it emerged, what the five force
Tourism studies
Staged authenticity is the idea that tourist destinations present a version of local life arranged to look genuine to visitors. This article covers the basic concept, the six stage
Economics
The benchmark interest rate plays a very important role in the South Korean economy. It is the interest rate set by the Bank of Korea and applied when commercial banks borrow funds
General knowledge
Hofstadter’s Law says that it always takes longer than you expect, even when you take the law into account. This piece covers its origin in Gödel, Escher, Bach, its recursive struc
Education
Education is a powerful means of changing the world and plays a central role in the development of our society and the renewal of culture. One way to deliver this education more ef
