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Business administration

Why Delegated Work Goes Astray: The Principal-Agent Problem

The principal-agent problem is the conflict that arises when the interests of the person who hands over a job and the person who takes it on diverge. We look at why it happens, how

Translated article

Business administration

Value That Grows the More It’s Used: The Network Effect

A network effect is the phenomenon in which a product or service becomes more valuable as more people use it. This piece covers direct and indirect effects, two-sided platforms and

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Library & information science

One Number for Papers and Citations: The h-index

The h-index folds the number of papers and the number of citations into a single figure. This article covers how to calculate it, what it measures and its strengths, its limits acr

Korean original

Statistics

드문 일은 몇 번이나 일어날까, 푸아송 분포(Poisson Distribution)

콜센터에 걸려 오는 전화는 한 시간에 평균 몇 통일까요? 평균이 180통이라면 한 분에는 3통쯤 올 텐데, 어떤 분은 한 통도 안 오고 어떤 분은 갑자기 대여섯 통이 몰립니다. 이렇게 들쭉날쭉해 보이는 횟수에도 의외로 질서가 숨어 있습니다. 그 질서를 설명하는 것이 바로 푸아송 분포(Poisson Distribution)

Translated article

Film & media

A Gaze That Tilts the World: The Dutch Angle

Why does a slightly tilted frame make us uneasy? This article covers what the Dutch angle is, its roots in German Expressionism and the origin of its name, how film and TV have use

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Physics

Water Droplets Floating on Vapor: The Leidenfrost Effect

Why does a drop of water skate across a very hot pan and last longer than on a merely warm one? This article explains the Leidenfrost effect, from the vapor cushion that lifts the

Translated article

Business administration

What Are the Pareto Principle and the Long Tail Principle?

In this article, we will explore two principles that can be applied in various fields, including marketing in business administration, economics, and statistics: the Pareto princip