The relevance of econometrics in the era of artificial intelligence
With the dawn of the digital age, our ability to gather and process data has increased exponentially, permeating practically every aspect of life. This evolution has amplified the growing significance and relevance of econometrics, a field dedicated to utilizing...
The Myth of Form in Football
Have you ever won five games in a row and felt like you could win ten more? Or maybe you lost 5 five and you just kept losing after that? Most people that have played sports will recognize this. Being “in form” seems to have a large impact on whether we will win the...
Moore’s law
In the fast-paced world of technology, few concepts have proven to be as influential as Moore’s Law. This observation was originally made by Gordon Moore in 1965, co-founder of Intel, which has guided the exponential growth and progress the digital world has made for...
Will There Be A Computer-Induced Apocalypse in Fifteen Years?
Over the past couple of decennia, technology has developed quickly. Computers, smartphones, and other digital gadgets are an integral part of our daily lives. Whenever I want to know the current exchange rate of the Euro, how to bake banana bread or Taylor Swift’s...
What is the best strategy when playing Monopoly?
We have all played Monopoly at least once in our lifetime, the table game that turns best friends into evil competitors and even the most generous person into merciless. Who has never fought to buy a street while playing? How many times have you been accused of...
Why you haven’t found love yet – the Math edition
Have you ever wondered how many people are out there for you? How many people tick all your boxes? Many of us are searching for ‘the one’, but haven’t found them yet. We are all searching for love, as feeling loved makes us feel less pressure, less alone, less...
Gödel’s Incompleteness Theorem
In mathematics, we like proofs. For thousands of years, mathematicians believed that we would always be able to say that a statement is true or false, and we do this by proving it. No one ever questioned whether this was always possible until 1931, when Austrian...
The Paradox of Choice
The Paradox of Choice is a psychological phenomenon that refers to the idea that having too many choices can actually be detrimental to our well-being and decision-making processes. This paradox was first introduced by psychologist Barry Schwartz in his book "The...
The Accuracy Paradox
When Charles Darwin was deciding whether or not to propose to his cousin, Emma Wedgwood, he had a rather interesting approach. He drew up a list of pros and cons, as pros he listed things like children, companionship, and the charms of music and female chit-chat; and...
Pollution Games: Environmental externalities meet Economic analysis
The economic discipline has a long tradition on micro- and macroeconomics which aid the policy debates regarding contemporary issues. These days, besides governments having to deal with rising inflation, increasing wealth inequality or high levels of unemployment, the...
How Differential Equations Save the World
It is widely known that the course Difference- and Differential Equations is one of the most hated courses among students from the Bachelor EOR. This is probably due to the fact that only a small fraction of the students is able to pass the course. However, this...
Big Mac Index
When somebody from the West travels to Southeast Asia, he cannot help but notice how very low the cost of living is relative to the West. How do we compare prices across countries? The Big Mac index gives us an approximation. Purchasing power parity Purchasing power...
Searching for the Unseen: A Journey into the World of Dark Matter
Have you ever wondered what everything in our Universe is made of? The answer may surprise you. Dark matter, a mysterious and elusive substance, makes up about 27% of the universe, while the matter we can see and interact with makes up only 5%. But what exactly is...
Choosing prompts wisely: How to use ChatGPT optimally.
The AI industry is evolving rapidly, with major players such as OpenAI, Microsoft, Notion and Google constantly striving to maintain their competitive edge by launching products like Brad, Copilot and Notion AI. Among these, OpenAI's ChatGPT has been a pivotal product...