Sumo: More of the Same - Freakonomics
I can’t say that I am surprised by the latest sumo headline from The Associated Press: Japan’s scandal-tainted sport of sumo wrestling is facing new allegations that senior wrestlers used cell phones to plan how to fix matches. Japanese media reported Wednesday that police have found suspicious text messages on several wrestlers’ phones suggesting they were planning to fix bouts and going so far a
Diamond and Kashyap on the Recent Financial Upheavals - Freakonomics - Opinion - New York Times Blog
Diamond and Kashyap on the Recent Financial Upheavals September 18, 2008 As an economist, I am supposed to have something intelligent to say about the current financial crisis. To be honest, however, I haven’t got the foggiest idea what this all means. So I did what I always do when something related to banking arises: I knocked on the doors of my colleagues Doug Diamond and Anil Kashyap, and aske
Shrimponomics - Freakonomics
A few days back I posed the question “Why are we eating so much shrimp?” Between 1980 and 2005, the amount of shrimp consumed per person in the U.S. has nearly tripled. I didn’t expect more than 1,000 responses! I asked the question because Shane Frederick, a marketing professor at MIT’s Sloan School, had contacted me with an intriguing hypothesis. He wrote about a striking regularity in the respo
Media Bias - Freakonomics
The comments in response to my recent post on Barack Obama’s book led, predictably, to the topic of media bias. Media bias is one of the hottest topics among economists these days. A sampling of some recent academic work on the topic: Tim Groseclose and Jeff Milyo estimate how left-wing or right-wing media outlets are based on what research by think tanks they mention in their stories. They then c
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