Have you ever felt that Elo based games were a painful experience? Have you tried quitting them but nevertheless kept playing and convinced yourself it was the right decision? Have you ever wondered why you kept on playing after a lost match until you won again but still felt terrible? As a gamer for 10 years, ZeXin explores this topic through the lens of prospect theory.
The global minimum corporate tax theoretically supports countries’ national budgets and creates an equally competitive environment among countries. Lam Do discusses this plan from a variety of perspectives.
Will I have enough money to retire? It’s not a question that many people think about until they near the end of their working lives. The question of how much to retire with is an important one. Join Travis as he analyses the retirement income system in Australia and compares its effectiveness with the situation in other countries.
The availability of too many choices is leading to non optimal decisions for customers across the world while simultaneously benefitting industries across the world in establishing monopolies and charging more , join Mahnoor Tariq as she investigates the underlying impact of taking analysis paralysis into account.
With the increased information and use of innovative technologies the earth has seen an increased ageing population. Join Henry, as he analyses the political and economical issues that arise with ageing populations drawing, using Japan as a case study.
Are you in search of that next great book or article to read that could advance your economic knowledge and maybe even enrich your worldview? Look no further and join ESSA’s editorial team, as we recommend our favourite books and articles we’ve come across this month. For May’s edition, our recommendations span topics including the manipulation of consumers on behalf of tech-giants, an impressive account of History’s greatest economic thinkers and a publication that analyses pressing issues in Asian politics and economics.
GDP has long been the measure to determine a country’s economic power. Danie Attwood explores it’s limitations and some alternative measures of overall economic wellbeing.
“Isolating policies and factors that can create a successful economy within any given country is an inherently complex and nuanced problem that evades straightforward or cookie-cutter explanations”. Join ben, in his second article of a two-part series exploring African development economics, as he sets out to analyse several approaches that could contribute to economic success in Africa.