K-pop — Home — Music 4 Econ

Posts tagged K-pop

BTS, "I Need U"

Useful for loss aversion and sunk costs.

MicroeconomicsWayne GeerlingDecember 21, 2020addiction, inelastic demand, sunk costs, loss aversion, decision making, irrationality, rationality, K-pop

Jennie, "Solo"

Useful for rational decisions.

MicroeconomicsWayne GeerlingDecember 20, 2020rational decision making, selfish, marginal cost, marginal benefit, sunk cost fallacy, K-pop

BLACKPINK, "How You Like That?"

Useful for ultimatum game.

MicroeconomicsWayne GeerlingNovember 22, 2020ultimatum game, behavioral economics, Nash equilibrium, fairness, experiments, K-pop

Twice, "More and More"

Useful for optimal choice bundles in consumer theory.

MicroeconomicsWayne GeerlingNovember 19, 2020indifference curve, completeness, transitivity, diminishing marginal utility, budget constraint, optimal choice, K-pop

BTS, "Seesaw"

Useful for cordination games.

MicroeconomicsWayne GeerlingNovember 19, 2020nash equilibrium, coordination, communcation, signaling, simultaneous games, sequential games, K-pop

BLACKPINK, "Playing With Fire"

Useful for matching problems.

Macroeconomics, MicroeconomicsWayne GeerlingOctober 27, 2020risk aversion, imperfect information, risk loving, signaling, search costs, matching, tangible costs, K-pop, Korean

BLACKPINK, "Kill This Love"

Useful for sunk costs and loss aversion.

MicroeconomicsWayne GeerlingOctober 20, 2020sunk costs, loss aversion, decision making, marginal analysis, utility, K-pop, utility K-pop