What if the worst thing a problem poker machine gambler could lose was time, instead of their mortgage? Welcome to the concept of actuarially fair gambling.
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Business + Economy – Articles, Analysis, Comment
Displaying 4401 - 4425 of 7362 articles
The exponential change in the role of management means more and more management tasks are likely to be taken away.
Game theory - making the best decision based on predicting those of others - is connected with both poker and George Orwell.
Using web data it’s possible to work out which bookstores are the world’s ‘most loved’.
While grocers slug it out with discounters, the South African owners of David Jones may be planning to exploit a gap at the upper end of the market.
While the economics of happiness has boomed, the economics of unhappiness has been neglected. Yet there are many objective sources of unhappiness that good economic research might tackle productively.
Do our share prices effect the wisdom of crowds, or the madness of crowds? It’s the perennial economic debate.
Comments by RBA Governor Glenn Stevens that monetary policy in the form of lower interest rates may have reached its limits, needs to prompt debate on fiscal policy taking over.
Political and commercial posturing has made the outcome of a number of Australian port privatisations uncertain.
As Australia leaves the old economy behind, the word we must embrace for the new is “nimble”.
The widening cracks in Australia’s housing system can no longer be concealed. Seven leading Australian academics say this 10 point plan can help fix housing affordability.
As investors and unsecured creditors remain in limbo over the collapse of financial services group BBY, where were the regulators?
Gladys Berejiklian’s first budget as NSW Treasurer includes some infrastructure goodies but misses an opportunity to reduce the state’s reliance on property taxes.
There are well-rehearsed arguments both for and against removing negative gearing from property.
The Law Council of Australia has claimed Australia’s proposed Google tax should not be implemented - but a backflip by Amazon in the UK shows it can work.
A ruling by the Californian Labor Commission that Uber drivers are employees, not individual contractors, might have much wider implications for the ride-sharing group.
Facebook Moments adds a new level of complexity to the issue of user consent.
In our first piece in a new series on economic theories that are changing the way we think, how is technology creating growth?
Asymmetric information – where one party to a potential transaction knows more about the deal than the other – can cause markets to collapse. Luckily, we’ve invented a few tricks to deal with it.
ACTU President Ged Kearney has warned the recently signed China-Australia Free Trade Agreement could lock out Australian workers. Is that true?
Important recommendations made by the WA parliamentary inquiry to protect fly-in fly-out workers have been sadly over-shadowed by shallow reporting.
Many of the reasons housing is more affordable outside Australia stem from government intervention.
A possible “Grexit” would be more likely to lower rather than raise the political incentives for other European governments to follow.
Political issues have left ChAFTA an imperfect agreement in which the government has been forced to pick winners and losers.
How could a cashless economy make you gain weight? It’s all about the pain in your brain.