Monday, September 13, 2010

Goulsby Cannot Say When Unemployment Will Fall Appreciably



Austan Goolsbee, Chairman of the Council of Economic Advisors, has no idea, or "won't say" when unemployment will move appreciably below 10 percent.

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The Optimal Shopping Problem and Online Dating

The “Secretary Problem,”  also known as the “Optimal Stopping Problem,” is an example of decision theory. It deals with the challenge of mak...