For more Science Videos: https://lt.org/ * Individuals and governments often do not have as much time or experience as they would like when they need to make a decision. In this video, SARAH AUSTER explores the mechanism by which such decisions are made. * Building a game theoretical model that draws on auction theory and decision theory, Auster’s work shows that certain forms of auction design favor the seller and that supplementary information provided to bidders can help to level the playing field. * Auster’s continuing research on timing decisions will examine the role played by degrees of certainty around the “stopping payoff”. This LT Publication is divided into the following chapters: 0:00 Question 1:54 Method 3:44 Findings 5:02 Relevance 6:20 Outlook
For more Science Videos: https://lt.org/ * Vinyl or analog records have experienced a tremendous upsurge in popularity over the last decade. In this video, DOMINIK BARTMANSKI analyzes the reasons underlying vinyl’s resurgence in an age where digital music seemed destined to wipe it out. * Employing
For more Science Videos: https://lt.org/ * It has been heretofore understood that patterns of cloudiness are controlled by large scale weather systems. In this video, BJORN STEVENS challenges this orthodoxy, arguing that small and intermediate scales of motion play a key role in determining the Eart
For more Science Videos: https://lt.org/ * Massive algae blooms appear in spring in certain bodies of water only to vanish within a number of weeks. In this video, BERNHARD M. FUCHS analyzes the degradation of such algae, exploring which organisms are involved and what they actually do. * Employing
