Test Post

test

Comments

Post a Comment

Popular posts from this blog

Principal-Agent Triangle

Growing up as a kid baseball was my favorite sport.  Up until I was 10 years old I would play in a league in the park right across the street from my house and my father was the coach of my team every year.  After that I would play at larger parks and with different coaches, but my dad really enjoys watching me play and would show up to every game and be very involved.  He would continue to coach me, give me tips, and offer to help out the head coaches in any way they needed.  Once I started having coaches that were not my father, I would have a problem similar to the principal-agent triangle.  My coaches would try and coach me one way, but if I was struggling my dad would give me tips and try to coach me in his own way, which usually differed.  A lot of times in these situations it would be impossible to please both my coach and my father as they would have conflicting tips.  It would be impossible to take the advice of one and put it into practice ...
Read more

Final Blog Post

Thinking about the way attendance was governed I believe it did have an impact on my attendance rate.  I feel I definitely had more will to show up to class when the bonus points were in effect at the beginning of the year as the five points were worth showing up to class and completing a quick survey afterwards, especially as these are things I should be doing already.  Even though the points stopped halfway through the year I feel I showed up to more classes than I would have because of the earlier bonus points.  I had gone to enough classes and had been interested enough to want to continue going to them, but even if I hadn't been interested I think I still would have gone to more classes after the points were discontinued as I had built a relationship with a class and felt somewhat obligated to continue showing up for most sessions.  This also makes me think about risk aversion.  We talked about people choosing between two options, either being assured $10...
Read more

Opportunism

During my internship over the summer I worked with three other interns in my specific department.  I worked at the Chicago Mercantile Exchange in their clearing house.  The CME is one of the largest derivatives exchanges in the world, and the clearing house takes a lot of the risk away from trading by matching trades and acting as the buyer to every seller and vice versa, ensuring that if one side can not fulfill the trade, then CME will fulfill the trade itself. Over the summer we worked in a department that would receive emails and phone calls from firms that needed our help for something, where we would either complete the task for them or hand them off to the department that would be able to help them as part of our daily operations.  Most of the help we did for them as interns had to do with testing how their systems worked with ours to ensure there were no problems.  We would do these tests individually, but we would also have projects throughout the summer w...
Read more