Surprising Stat Of The Day

This piece was on my weekend reading list and it contains the following surprising stat which I was completely unaware of. There’s frequent evidence for that in economic data, and in the country’s destiny to become ever-smaller, doomed by demographics that will shrink the population from about 127 million today to 47 million in 2100, according to…

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CEO Pay

Surprise, surprise…the more they get paid the more damage they do to shareholders. Abstract: In this paper we examine the agency costs of seemingly excessive pay awards to CEO’s within the FTSE 100 in the last decade. Are CEOs taking a large proportion of the total pot (a big “pay slice”) more, or less, able…

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Prediction Markets

Came across this interesting little paper. The title can be a little confusing since the term prediction market is simply used to convey a market that generates odds. When they say prediction market think bookmaker. The gist of the paper is that such markets have been used for centuries for a variety of events but…

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