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
You are browsing the English interface. Articles without a published translation are clearly marked and open in Korean.
774 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
Education
In traditional education, we always see the same scene. The teacher explains diligently at the blackboard, while students sit at their desks, busy taking notes. When class ends, th
Food & nutrition
In modern society, rapidly changing lifestyles and irregular eating habits make it difficult for many people to maintain their health. In these circumstances, health foods are attr
Tourism studies
Sustainable tourism aims to have a positive impact on local communities and the environment while providing visitors with beneficial and enjoyable experiences. The rapid growth of
Psychology
An overview of 12 defense mechanisms from Freud's psychoanalysis, grouped into avoidance, anxiety-relief, and satisfaction types, with a short explanation of each.
Design
Modern digital products and services place importance on user experience and satisfaction, and the importance of UI(User Interface) and UX(User Experience) design is emphasized as
Earth science
Fog is a weather phenomenon frequently encountered in everyday life and an important factor that limits visibility and greatly affects transportation safety. In particular, fog can
Film & media
Diegetic sound is sound whose source we accept as being inside the story world, like dialogue, footsteps, or a radio in the scene, while non-diegetic sound such as background music
Physics
Why do tiny particles in water never stop jiggling? This article explains Brownian motion, first observed by Robert Brown, the principle Einstein uncovered behind it, Perrin's expe
Food & nutrition
Food processing has played an important role in addressing humanity's food supply challenges and improving nutritional status. Today, food processing is evolving beyond techniques
Economics
The Laffer Curve is a hill-shaped graph showing that tax revenue is zero at both a 0% and a 100% tax rate, so some rate in between brings in the most. This article covers its napki
Journalism & communication
The media plays a central role in modern society and is closely connected to our daily lives. For this reason, the media must uphold high ethical standards when communicating infor