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The Cheeseburger Diet   Leave a comment

pc-cheeseburger-dubner-burger-300x225Link: http://freakonomics.com/podcast/the-cheeseburger-diet-a-new-freakonomics-radio-podcast/

Summary: In response to the infamous documentary Super Size Me, one woman toured her local area in search for the best burger.  Shockingly, she didn’t gain a single pound despite eating two burgers a week.  Freakonomics discusses the surprising results.

Original Air Date: December 10, 2015

Length: 34 minutes 21 seconds

Discussion Question: What role does utility play in this situation? Will satisfaction of the second burger eaten  always be the same? Explain.

Posted March 14, 2017 by jamezweb in Health Economics, Incentives, Production costs, Utility

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Why is Milk in the Back of the Store?   Leave a comment

gettyimages-3342312-55a826c9edc49463cfd010293e41d804d21784f6-s1600-c85-jfifLink: http://www.npr.org/sections/money/2016/09/21/494927147/episode-555-why-is-the-milk-in-the-back-of-the-store

Summary: There has been a debate for decades as to why the milk is in the back of a store.  Consumers say it’s because you have to walk through store, producers say it’s because of ease of access for the delivery trucks.  Planet Money researches what the actual answer is by talking to people in the industry.

Original Air Date: July 23,2014

Length: 16 minutes 9 seconds

Peanuts and Cracker Jack   Leave a comment

untitled 3.pngLink: http://www.npr.org/sections/money/2016/05/06/477082513/episode-700-peanuts-and-cracker-jack

Summary: Planet Money attends a Boston Red Sox game at Fenway Park to learn the economics behind the vendors. They discuss why a vendor doesn’t want to sell ice cold water on a cold October night up in the bleachers.

Original Air Date: May 6, 2016

Length: 21 minutes 31 seconds

 

Posted March 1, 2017 by jamezweb in Incentives, Inequality, Market structure, Sports economics, Trade

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Can A Game Show Lose?   Leave a comment

gettyimages-583773824-8ed3571066d54e5d9b24e5f2ba9050f2ead8d778-s1600-c85-jfif

Link: http://www.npr.org/sections/money/2016/07/27/487654380/episode-714-can-a-game-show-lose

Summary: Planet Money discusses whether a game show can lose and what it takes for a contestant to win.  They look into the one-season wonder of the unsustainable model of the game ‘The Power of 10’.

Original Air Date: July 27, 2016

Length: 21 minutes 11 seconds

 

 

 

 

 

Posted February 22, 2017 by jamezweb in Incentives, Price ceiling / floor, Utility