Monthly Archives: June 2011

Jump in coal price shocks Indian power companies

Private power companies in India are going to be hit by increases in the price of coal that they import from Indonesia. They thought they had a strategy to deal with this but they have got it wrong. The price … Continue reading

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When should you share your dessert?

Picture the scene: you are just getting to the end of a lovely, romantic dinner. You are looking through the dessert menu. Mmmm, chocolate cake, or maybe strawberry cheesecake? Then your partner says ‘I don’t want anything, but if you … Continue reading

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What’s wrong with the Traveler’s Dilemma

The Traveler’s Dilemma is a problem in game theory that goes like this (from Wikipedia): An airline loses two suitcases belonging to two different travelers. Both suitcases happen to be identical and contain identical items. An airline manager tasked to … Continue reading

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