High speed training in a Speedo

August 11, 2009 at 9:57 pm Leave a comment

Marginal Revolution uses high-tech swimwear to analogize high-speed stock trading.

Excerpt:

High-tech swimming suits and trading systems are primarily about distribution not efficiency.  A small increase in speed over one’s rivals has a large effect on who wins the race but no effect on whether the race is won and only a small effect on how quickly the race is won.  We get too much investment in innovations with big influences on distribution and small (or even negative) improvements in efficiency and not enough investment in innovations that improve efficiency without much influencing distribution (i.e. innovations in goods with big positive externalities).

More here.

Advertisements

Entry filed under: play. Tags: , , .

Duke University: Why winning athletes are getting bigger From the archives: Neuroanthropolgy and the synergy of sport

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Jason R. Atwood

I'm an avid trail runner and doctoral student at U.C. Berkeley who studies motivation and the relationship between the mind and body. This blog is a forum to share research, news, and musings about these topics of interest. More

Play is the beginning of knowledge.

Enter your email address to follow this blog and receive notifications of new posts by email.

Join 87 other followers

Twitter Feed


%d bloggers like this: