Archive for June, 2008

Voting Power in Israeli Judge Selection and the Shapley-Shubik Index

Tuesday, June 24th, 2008

Every Tuesday is a Game Theory article at Mind Your Decisions source: ninjapoodles via flickr How many votes should be necessary for a decision? Is a simple majority sufficient, or should a higher standard be applied, such as a consensus? These are questions and circumstances we all face, whether as a ...

Take Fewer, Not More Risks with Your Money

Thursday, June 19th, 2008

image source: szlea via flickr Financial people often tell you to take more risks, especially when you’re young. Why is that, and is the advice any good? The usual reasons I hear to take risks early are (1) you can’t do it later (2) it’s easier to recover from failure. But by ...