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Market Decision Making: Two Cases

Business, Econ, Marketing

Students can deliberate the pros and cons of market economics and decision making in these cases, one involving food banks, the other involving terrorism. Food Banks’ Pickle: Getting Food To The Right Place At The Right Time (3:30 min. audio clip) discusses an efficient way to allocate food donations where needed most.  And in Reviving Payoff For Prediction – Of Terrorism Risk (5 min. audio clip), Stephen Carter describes an electronic market where people bet on the likelihood of attacks as a way to deter terrorism.

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