Virtual Economies — new book from MIT Press on economics in games. The book will enable developers and designers to create and maintain successful virtual economies, introduce social scientists and policy makers to the power of virtual economies, and provide a useful guide to economic fundamentals for students in other disciplines.
The Wisdom of Smaller, Smarter Crowds — in domains in which some crowd members have demonstrably more skill than others, smart sub-crowds could possibly outperform the whole. The central question this work addresses is whether such smart subsets of a crowd can be identified a priori in a large-scale prediction contest that has substantial skill and luck components. (via David Pennock)
NYC’s Dollar Vans (New Yorker) — New York’s unofficial shuttles, called “dollar vans” in some neighborhoods, make up a thriving transportation system that operates where the subway and buses don’t. A somewhat invisible economy. (via Seb Chan)
Eigenmorality — caution: linear algebra and morality, two subjects that many programmers struggle with. (via Pete Warden)