Archive for February, 2005
Incentives: How to Outrun an Army with Three Arrows
Economic thought provides the ability to solve problems that lie outside the areas generally covered in economics textbooks. Today’s entry is an example of this. This question and answer is taken from a wonderful book called Hidden Order: The Economics of Everyday Life by David D. Friedman.
Q: A soldier has escaped from an enemy prison [...]
February 6, 2005
Posted in: Economics 
No Comments
