Results for “solve for equilibrium” 197 found
Solve for the New York equilibrium
Black lawmakers and activists are blocking a push to legalize recreational marijuana in New York, warning that Gov. Andrew M. Cuomo’s proposal could perpetuate the racial inequality that it purports to fight.
The lawmakers — including some of legalization’s most vocal supporters — say that unless people of color are guaranteed a share of the potentially $3 billion industry, in the form of job training, adult education and licenses in the industry itself, there may be no legalization this year.
Solve for the equilibrium
The CEOs of Germany’s top three car firms, Volkswagen, Daimler, and BMW, said they were optimistic on avoiding US tariffs after meeting US leader Donald Trump in Washington Tuesday. “We made a big step forward to avoid the tariffs,” Volkswagen boss Herbert Diess said. The visit caused annoyance in EU circles, where trade commissioner Cecilia Malmstrom was meant to conduct US trade talks on behalf of the whole EU.
Solve for the candidate quality polarized equilibrium
Consistent with the predictions of this model, we also show that, in more conservative states, low quality conservative candidates do better relative to high quality conservatives, and vice versa.
And this:
We also show that voter beliefs about the candidates harden over the course of the primary…
That is from George Deltas and Matthias Polborn on SSRN. Via Kevin Lewis.
They solved for the equilibrium, China equilibrium of the day
China will be less severe with its smog curbs this winter as it grapples with slower economic growth and a trade war with the United States, according to a government plan released on Thursday.
Instead of imposing blanket bans on industrial production in the Beijing-Tianjin-Hebei area as it did last winter, the Ministry of Ecology and Environment said it would let steel plants continue production as long as their emissions met standards.
Targets for overall emissions cuts have also been revised down. In the next six months, 28 cities in northern China are required to cut levels of PM2.5 – the tiny airborne particles that are most harmful to human health – by about 3 per cent from a year ago.
That is less than the 5 per cent cut proposed in an initial plan seen by the South China Morning Post last month.
Meanwhile, the new plan stipulates that the number of days of severe air pollution should be reduced by about 3 per cent, also revised down from 5 per cent in last month’s draft.
Here is more from Orange Wang at SCMP. As I am sure you all know, air pollution (and I don’t just mean carbon emissions) is one of the great underrated problems in the world today. The trade war with China is making it worse.
A note on overtourism, solve for the equilibrium
“At the end, this story is just a numbers problem,” Mr. Tourtellot said. He noted that in 1960, when the jet age began, around 25 million international trips were taken. Last year, the number was 1.3 billion.
As for the cities that are the major destinations? They are “the same size they were back in 1959, and they’ll probably stay that way,” he said.
That is from Farhad Manjoo at the NYT.
Solve for the Hilfiger hoodies equilibrium
This week, Tommy Hilfiger introduced Tommy Jeans XPLORE , a new line of clothes and accessories that all come bugged with “smart chip technology,” which tracks how often you wear them and where you go with them on.
There’s even an exclusive game, sort of like Pokémon Go, that you can use to earn rewards like gift cards and concert tickets.
“It’s all of your must-have Tommy Jeans favorites with smart chip technology,” the brand’s website reads…
The company said in its announcement for the line that it hopes the chipped clothes and game will help create a “micro-community of brand ambassadors.” In essence, they’re rewarding you for wearing the products more often.
Here is the story, and for the pointer I thank the excellent Samir Varma.
Epp and Borghetto have solved for the equilibrium…
And most of you won’t like it:
This article investigates the effects of economic inequality on legislative agendas. It considers two competing hypotheses: (1) that policymakers will act to counter rising inequality by renewing their focus on redistributive social policies, and (2) that rising inequality makes legislative agendas especially vulnerable to the influence of economic elites, and that these elites will attempt to keep redistributive social policies off the agenda. Empirical tests, which are designed to arbitrate between these hypotheses, use data on public laws and parliamentary bills introduced in the legislatures of nine European countries between 1941 and 2014. The evidence is supportive of the second hypothesis: as inequality becomes more acute, European legislative agendas become systematically less diverse and this narrowing of attention is driven by a migration away from social safety-net issues toward issues relating to law enforcement, immigration, and national defense.
Here is the paper, via the excellent Matt Grossman.
Solve for the “not a detention center” equilibrium
A spokesman for Southwest Key, Jeff Eller, said on Sunday it could not legally require children to stay on the premises if they sought to leave, and that “from time to time” children had left several of its 27 shelters for immigrant children.
“We are not a detention center,” Mr. Eller said in a statement. “We talk to them and try to get them to stay. If they leave the property, we call law enforcement.”
Federal officials echoed that position, saying they could not stop a child who attempted to leave. The officials did not respond to a question about how many children had walked away from migrant centers nationwide.
Here is the rest of the NYT article, it has further points of interest.
Solve for the China jaywalking equilibrium
Jaywalkers in China are to be named, shamed and slapped with an instant SMS fine.
And it’s all thanks to cutting-edge artificial intelligence.
In the southeastern city of Shenzhen, police have set up AI-powered boards by crossings.
If you jaywalk, a CCTV camera will scan your face and flash it up on the huge screens for all to see, according to the South China Morning Post (SCMP).
If that wasn’t embarrassing enough, there are now plans to ping offenders’ phones with quick-fire fines as soon as they violate the grim rule.
The AI company behind the billboards, Intellifusion, is in talks with mobile phone networks and local social media platforms to enforce the new system.
To be clear, I consider this report speculative. But not impossible.
Solve for the music legal equilibrium
Pop superstar Miley Cyrus now being sued for copyright infringement — with damages potentially hitting $300 million. That is, for one lyric in her hit single, “We Can’t Stop”. The song is from her fourth studio album, Bangerz, released in 2013.
The lawsuit is coming from Michael May, better known as Flourgon, a Jamaican dancehall artist. Flourgon had several Jamaican hit singles in the late 1980s and 1990s, and remains an active performer today.
May alleges that Cyrus ripped off his catch-phase, ‘We Run Things,’ which is actually the name of a song written by May. In “We Can’t Stop,” Cyrus repeats the lyric ‘we run things’ in the chorus.
“We run things/Things don’t run we” are the lyrics of Miley’s single.
In May’s track, the lyrics are: “We run things/Things no run we.”
Here is the full article, via Ted Gioia.
Solve for the Dutch equilibrium
Police in the Dutch city of Rotterdam have launched a new pilot programme which will see them confiscating expensive clothing and jewellery from young people if they look too poor to own them.
Officers say the scheme will see them target younger men in designer clothes they seem unlikely to be able to afford legally – if it is not clear how the person paid for it, it will be confiscated.
The idea is to deter criminality by sending a signal that the men will not be able to hang onto their ill-gotten gains.
…He [the police chief] said the young men targeted often have no income and are already in debt from fines for previous convictions but wearing expensive clothing.
This “undermines the rule of law” which sends “a completely false signal to local residents”, he explained.
I know how this would play out in New Jersey or Rhode Island, but the Netherlands? Here is the full article, and for the pointer I thank the excellent Samir Varma.
The culture that is San Francisco solve for the equilibrium
A man threw his body onto a self-driving car — a GM Cruise AV — causing a car vs. pedestrian collision at the 16th and Valencia intersection earlier this month, the DMV reported Wednesday.
Operating in “autonomous mode,” the Cruise AV was stopped at a green light, facing northbound on Valencia, waiting to make a right turn onto 16th Street as pedestrians crossed.
Suddenly, a man ran across Valencia Street against the “do not walk” sign, shouting, and struck the left side of the car’s rear bumper and hatch with his entire body. This is all according to a report the self-driving car manufacturer must file with the DMV in the event of a collision.
The man sustained no injuries, but the car did. It suffered “some damage to its right rear light,” according to the report.
Here is the full story.
Solve for the Italian-Libyan equilibrium
Failing to stem the tide of refugees arriving Europe, Italy and the rest of the European Union have agreed to pay Libya’s Government of National Accord (GNA), the UN-backed interim government that is struggling hold control of the country, to keep them from arriving in Italy and instead put them into detention camps in Libya.
The accord signed Feb. 3, provides for Italy to pay €220 million ($236 million) to the Libyan coastal guard and provide training to help them catch the vessels—primarily rubber dinghies. The Libyan coast guard will be charged with sending the boats back to Libya and putting people into camps. The political instability of Libya is such that there would be little guarantee of the conditions in which the migrants would be kept, according to Arjan Hehenkamp, general director of Médicins Sans Frontières (MSF).
Here is one story. In Libya they understand the Coase theorem:
A security source in Libya spoke to Associated Press late last month saying: “Yesterday’s traffickers are today’s anti-trafficking force.”
I believe the size of the Coasean payments will rise. If Libya is paid to halt migrants, and finds this a satisfactory or indeed even profitable arrangement, they also will act to…boost the supply of potential migrants. “Producing potential migrants” will at some point become one of their more significant economic sectors. And the larger the number of bottled up would-be migrants, the more Italy and/or the EU will pay to stop them.
Yet what is Italy otherwise to do? I find it striking how underreported this story has been.
Solve for the equilibrium
In the place of U.S. support, Japan has offered to step in.
“Japan is the only state willing to help India in its Indian Ocean project to develop islands there,” said Abhijit Singh, head of the Maritime Policy Initiative at the Observer Research Foundation, a New Delhi think tank. The reason, he added, is that other nations—notably the U.S.—consider offering such help too provocative to China.
Here is the full WSJ story.
Solve for the equilibrium
In the latest example of marketers entering the living room, Burger King will release television commercials on Tuesday that are intended to prompt voice-activated smart speakers from Google into describing its burgers — after the 15-second spots end.
A video from one of the fast-food chain’s marketing agencies showed the stunt in action: “You’re watching a 15-second Burger King ad, which is unfortunately not enough time to explain all the fresh ingredients in the Whopper sandwich,” the commercial’s actor says. He continues, “But I got an idea. O.K. Google, what is the Whopper burger?” Prompted by the phrase “O.K. Google,” the Google Home device next to the TV in the video lights up, runs a search and states its ingredients.
Here is the story, via the excellent Michael Rosenwald.