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- 22:16, 19 April 2024 ‎Nothing Burger (hist | edit) ‎[1,754 bytes] ‎Pyrope (talk | contribs) (Created page with ""Nothing Burger" is a colloquial term used to describe something that is insignificant, unimportant, or lacking substance. It's often used to dismiss a situation, event, or topic as being uninteresting or having no real impact. The term implies that whatever is being referred to is essentially devoid of substance, like a hamburger with no filling – just a bun. It's often used in casual conversation or in more informal settings to convey a sense of triviality or insigni...")
- 06:45, 19 April 2024 ‎WTF Happened in 1971 (hist | edit) ‎[440 bytes] ‎Pyrope (talk | contribs) (Created page with "{{#widget:Tweet|id=25031763134775297}} {{#widget:Tweet|id=1242981559017172993}} {{#widget:Tweet|id=1258064619509174272}} {{#widget:Tweet|id=1286336717688102913}} {{#widget:Tweet|id=1316824095225331713}} {{#widget:Tweet|id=1329169463019663360}} {{#widget:Tweet|id=1345448452579151873}} {{#widget:Tweet|id=1345530411863031814}} {{#widget:Tweet|id=1435130271813095425}} {{#widget:Tweet|id=1542217784414707713}} {{stub}} Category:Concepts")
- 06:10, 18 April 2024 ‎Arrow's Impossibility Theorem (hist | edit) ‎[2,725 bytes] ‎Pyrope (talk | contribs) (Created page with "Arrow's Impossibility Theorem, proposed by economist Kenneth Arrow in 1951, is a fundamental result in social choice theory that highlights the challenges of aggregating individual preferences into a collective or societal preference ranking. The theorem demonstrates that it's impossible to design a voting system that satisfies a set of seemingly reasonable criteria simultaneously. Here's a simplified explanation of Arrow's Impossibility Theorem: * '''Individual Prefer...")
- 06:06, 18 April 2024 ‎Social Welfare Function (hist | edit) ‎[5,370 bytes] ‎Pyrope (talk | contribs) (Created page with "The concept of a Social Welfare Function (SWF) is often explored within the framework of welfare economics, which examines how resources can be allocated to maximize social welfare or utility. At its core, a Social Welfare Function is a theoretical construct used to represent society's preferences over alternative states of the world. It's essentially a way to aggregate individual preferences into a single measure of social welfare. Here's how it works: * '''Individua...")
- 01:14, 17 April 2024 ‎Comparative Advantage (hist | edit) ‎[2,199 bytes] ‎Pyrope (talk | contribs) (Created page with "Comparative advantage is a fundamental concept in economics that explains how countries, individuals, or firms can benefit from specializing in producing goods or services in which they have a lower opportunity cost relative to others. This principle was first introduced by the economist David Ricardo in the early 19th century. At its core, comparative advantage suggests that even if one country is less efficient in producing all goods compared to another country, it ca...")
- 22:16, 16 April 2024 ‎Long-Short Position (hist | edit) ‎[2,395 bytes] ‎Pyrope (talk | contribs) (Created page with "In financial trading, going '''"long"''' on something means to buy it with the expectation that its value will increase over time. Conversely, going '''"short"''' means to sell something with the expectation that its value will decrease. Abstracted from financial trading, the concept of long and short positions can be applied metaphorically to various aspects of life, particularly in decision-making, belief systems, and personal values. Taking a "long" position on some...") originally created as "Long/Short Position"
- 20:21, 16 April 2024 ‎Stay In Your Lane (hist | edit) ‎[1,841 bytes] ‎Pyrope (talk | contribs) (Created page with "The phrase "stay in your lane" is typically used as a metaphorical way of telling someone to focus on their own responsibilities, expertise, or domain rather than meddling in or offering opinions on matters outside of their purview. It's often used to maintain boundaries, prevent overreach, or discourage someone from interfering in areas where they lack competence or authority. However, "stay in your lane" can be weaponized when used inappropriately or in a manner that...")
- 18:59, 16 April 2024 ‎Camping and Decamping (hist | edit) ‎[879 bytes] ‎Pyrope (talk | contribs) (Created page with "Ideological "Camping" refers to temporarily adopting or exploring a particular perspective, ideology, or set of ideas. It's like setting up camp in a new mental space, trying it out, and seeing how it fits with one's beliefs or understanding. Conversely, Ideological "Decamping" refers to leaving behind or moving away from that adopted perspective or set of ideas. It's like breaking camp and returning to one's default or original mental state or perspective after experim...")
- 05:32, 15 April 2024 ‎Geometric Marginalism (hist | edit) ‎[2,080 bytes] ‎Pyrope (talk | contribs) (Created page with "{{#widget:Tweet|id=1423392839568789504}} {{stub}}")