This paper offers a new theory of discrimination in the workplace. We consider a manager who has to assign two tasks to two employees. The manager has superior information about the employees' abilities. We show that besides an equilibrium where the manager does not discriminate, equilibria...

"Solving The Price is Right is an in-depth exploration of the underlying probability theory of the popular television program that explores how biases and behavioral pitfalls limit our ability to successfully apply logic and math both on and off the show."

"The author considers the interaction of three national macrosystems (economic, legal, and social) within a national public metasystem, justifying and solving the problem of their balancedness using the concept of Berge equilibrium. This equilibrium mathematically expresses the Golden Rule of...