Keyword: preferences

Luck of the Draw (9/7/2005)

Luck may be just as important as fitness in determining who survives the market test.

Keywords: citations, fittest, human capital, luck, piano competition, preferences, survival, talent, taste

Small is beautiful? (9/7/2005)

A supply shock might lead to a shift in demand rather than a marginal adjustment in purchasing decisions.

Keywords: demand shift, fuel efficiency, gas prices, preferences, SUV, tastes