Sex, Drugs and Economics

Authentic, hand-crafted artisanal blog posts on economics and other stuff. Warning: May contain traces of nuts.

Tuesday, 31 March 2020

Coronavirus border controls are raising the price of illegal goods and services

InSight Crime reports on an unexpected effect of the coronavirus border controls: Contacts in China provide Mexican criminal groups with ...

Monday, 30 March 2020

Blonds have more fun (or rather, they get paid more)

There's a lot of evidence that a beauty premium exists in the labour market. That is, more attractive people earn more (see here and ...

Saturday, 28 March 2020

The marginal benefit of peer review

I engage in a lot of peer review. Last year, I reviewed 24 papers submitted to 18 different journals. The year before was similar. And some ...

Friday, 27 March 2020

The prisoners' dilemma, and why we all have to be kept in lockdown

The prisoners' dilemma is probably the most famous example of game theory in action. I've written about it many times, in many diffe...

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