Economics
Winning but Losing: The Winner’s Curse
The winner’s curse is when the person who most overestimates an item’s uncertain value wins the auction and overpays. This piece covers its origin in Capen, Clapp and Campbell’s 19
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810 articles found
Economics
The winner’s curse is when the person who most overestimates an item’s uncertain value wins the auction and overpays. This piece covers its origin in Capen, Clapp and Campbell’s 19
Film & media
The art of photography and video is a complex process that involves understanding and applying various techniques and principles, rather than simply pressing a button to capture an
Education
Montessori education sees children as born with the drive to learn and helps them grow by choosing activities and learning with their hands in a prepared environment. Learn how it
General knowledge
Regular health checkups have become an important means of maintaining personal health and improving quality of life in modern society. Through regular checkups, many people can det
Tourism studies
Festivals take place in various forms around the world and are important activities that reflect local communities and their cultural identities. From the perspective of tourism st
Tourism studies
Tourism is an activity in which individuals or groups visit other regions or countries for various purposes, such as relaxation, exploration, and education. These activities are la
Journalism & communication
A filter bubble forms when the personalization algorithms of search engines and social media show us only the information we are likely to like, trapping us in a bubble of content
Social welfare
What if everyone received the same money every month, no questions asked? This article covers the origins of basic income from More and Paine, its five defining features, experimen
Design
Dieter Rams’ Ten Principles for Good Design sum up, in ten sentences, the idea that design is not decoration but the work of making things useful, understandable and long-lasting.
Earth science
Thousands of meters down, where sunlight never reaches, chimneys pour out black smoke and life crowds around them. This article explains how hydrothermal vents were discovered, how
Information technology
Why doesn’t doubling your cores double your speed? Amdahl’s Law shows that the serial portion you cannot parallelize caps the overall speedup at 1/s. This piece covers the formula,
Social welfare
Welfare administration is a system that plays an important role in improving citizens' quality of life and strengthening the social safety net. It serves as an essential foundation