A fun observation about auctions that came up when chatting with @doronravid.bsky.social. 📈📉 Recall that in the Myerson '81 setting, a second-price auction (2PA) with reserve price is one of many optimal auctions in the symmetric regular case. Fact: with 2 bidders, it's true without regularity.
Boys becoming men, men becoming economists
Some personal news: Spotify has included "Werewolf Bar Mitzvah" on this week's Discover Weekly playlist
Everyone is clowning on RFK Jr, but at a technical level, this is masterful communications strategy. ABSOLUTELY EVERYTHING about his campaign, since day one, has hinted “are you into falconry? RFK Jr is the type of guy who’s really into falconry.” Establish a theme. Hold to it. Build on it. A+.
No, I got it on a whim from the library and have just been slowly going through it over the last ~month.
I’m finally “reading” (listening to) Catch 22 for the first time. In addition to being hilarious, I think it’s the best theoretical work in org econ I’ve ever come across. 📉📈
Your daily political economy skeet. (I agree.)
2yo just said “the world is dangerous” several times, and now he’s not letting me out of the bathroom
Home Alone 2: Lost in Goo York
