Search results for keyword: paradox
Lucasian Equilibrium Business Cycle Theory
The Lucas paradox Economic Cycle Theory
Introduction
The Lucas paradox Economic Cycle Theory is an economic paradigm proposed by Robert Lucas Jr in 1967. Lucas was an American economist who was best known for his contribution to the rational expectations theory which states that economic agents ......
03/07/2023 
1053 
Ethan
economic surplus theory
Introduction
Marginalism is a type of economic theory which is based on the concept of marginal utility and the idea that people base their economic decisions around assessing the difference between the marginal costs and marginal benefit. The Marginalist school of economists sought to explain th......
Achilles paradox
Achilless paradox
Achilless paradox is a paradox in logic, named after the Greek hero Achilles in Homer’s Iliad. It states that if a runner runs a certain distance and another runner runs half of that same distance, then the second runner should reach the halfway point before the first runner re......
Alabama paradox
Alabama paradox
In June 2013, the Supreme Court handed down a ruling in the landmark US Supreme Court case, Shelby County v. Holder, ruling unconstitutional the section of the Voting Rights Act of 1965 (VRA) that required any state with a significant history of voter discrimination to pre-clear a......
liar paradox
The Liars paradox
The Liars paradox is one of the oldest and most famous paradoxes in the history of logic and mathematics. It is a paradox that has puzzled thinkers since ancient times and has yet to come up with a definitive answer. The origin of the Liars paradox goes back to Ancient Greece an......
Grayling and Nelson paradox
Bertrand Russell and Norman’s Dilemma
Bertrand Russells Dilemma is a well-known philosophical puzzle. It is named after the British philosopher and mathematician, Bertrand Russell. The dilemma is also known as the paradox of Norman.
The dilemma states that two people, Norman and Colin, are walk......
Fermi paradox
The Cosmological Argument
The cosmological argument is one of the best-known philosophical arguments for the existence of God. This argument states that the world that we live in must have a cause, and that cause must be God. The idea behind this argument is that everything that exists has a cause......
dichotomy paradox
Two-Point paradox
The two-point paradox (also known as the pearl paradox, or the dichotomy paradox) is a paradox that arises when attempting to determine the length of a curved line. The paradox states that any line that is divided into two parts of equal length must have the same length as the w......
birthday attack
Birthday attack, also known as Birthday paradox, is a cyber attack defined by its capacity to exploit the mathematics behind the birthday paradox problem. It is based off of a theorem first postulated by mathematician Richard Von Mises in the early 1900s. The basic formula implies that, with a giv......
simpson paradox
Introduction
The Simpson paradox is a phenomenon in which an aggregate trend may reverse its sign when broken down by additional categorical variables. In Descriptive Statistics, a Simpson paradox can occur when the marginal association between two variables is opposite to the relationship betwee......
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