Reakonomics Core Competencies…based on the book Freakonomics
The writing assignment is in a “Question and Answerformat. Please answer each question in paragraph form. In terms of the length of your writing, 3-5 paragraphs should be good enough to answer any question in the assignment. Please writing questions and answers in APA format.
There is no standard answers to the questions asked. However, your answers should be based on the Freakonomics book.
When answering the questions below, be sure to be as detailed as possible. You are NOT being evaluated on what you can rephrase from the book, but your own analysis USING ECONOMIC PRINCIPLES that we have learned thus far. Simply retyping or summarizing what happened is worth very little on this assignment.
Questions should be answered in paragraph form, using proper grammar and sentence structure. When supporting your position, use examples from work, school or other areas of your life to illustrate your point. Remember, do not simply cut and paste from a website etc, as this can be construed as plagiarism.
The paper should be in APA format. Please remember these reports will be run through Turnitin.com looking for plagiarism.
1. Describe what it means for a Japanese sumo wrestler to be a?on the bubblea? and what incentives this wrestler and his opponent may have to a?throwa? a wrestling match. Give another example (outside of Sumo wrestling) where this phenomenon may occur. How did Levitt construct a means of detecting evidence of cheating among Japanese sumo wrestlers? What evidence does he offer in support of his claim that some Japanese sumo wrestlers probably a?throwa? some of their matches?
2. How did Paul Feldman set up his bagel business in the Washington, D.C. area? How did it differ from most business models? What do the authors of Freakonomics conclude from an analysis of the Paul Feldmanas bagel sales data? Do these conclusions match with economistsa expectations of human behavior?
3. What does the data say about the characteristics of men and women who participate in Internet dating sites relative to the characteristics of the broader population? Assuming many of the people who use Internet dating sites are not being truthful when they describe themselves, what could motivate them to do so, knowing that if they ever actually met a date face-to-face, the truth would likely come out?
4. What do the experiences of Winner Lane, Loser Lane, and Temptress tell us about the likely relationship between a childas name and his/her prospects for success in life? Are these examples sufficient for us to draw any definitive conclusions? Why or why not? According to the analysis of the California names data, does a person with a distinctively black name have, on average, a worse life outcome than a person with a distinctively white name? If so, is it the fault of the name? If not, explain what the data are telling us. Think of your own name. Where do you think you would fall in this study?