Economy
How to win Deal Or No Deal

How to win Deal Or No Deal

Have you ever wondered whether there is a winning strategy when playing Deal Or No Deal? The game show might seem like a game of chance, as you choose a suitcase at random and are betting against a banker. However, the opposite is true: you can play according to a...

Eating your cake the right way

Eating your cake the right way

For some reason I always have a hard time making inter-temporal decisions. Should I drink a few more beers tonight, taking into account that I have a lecture at 9 am tomorrow? Should I buy that new piece of clothing or save to accumulate some (possibly negative)...

Tornado Cash

Tornado Cash

Tornado Cash is a tool used on the blockchain. Specifically on the Ethereum blockchain and is known as a crypto mixer. Recently Tornado Cash has been in the news because it has been added to the Specially Designated National & Blocked Persons List (SDN). This...

The Legacy of Frank Ramsey

The Legacy of Frank Ramsey

In history, there have been numerous influential scholars in the field of economics and econometrics. Think for instance of John Maynard Keynes, who is known for his influence in macroeconomics through the Keynesian School. Or think of Adam Smith, who introduced the...

Phillips curve

Phillips curve

There are many theories trying to describe the dynamics of economies. One of the first economists to think about this was Adam Smith. He laid the foundation of classical economics and thought of the economy as a free market. Then came Alfred Marshall, who was one of...

The rise of the on-demand grocery delivery industry

The rise of the on-demand grocery delivery industry

Forgot to buy that one ingredient for dinner? Normally you would have to choose to go for a quick run to the grocery store to get that ingredient or you just make dinner without it. However, in the last few years, and in the last few months in the Netherlands, a new...

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