Thomas Schelling, the co-recipient of the 2005 Nobel Memorial Prize in Economics Sciences, died yesterday at the age of 95. While not as famous as other Nobel-winning economists (such as Friedman, Stiglitz or Sen), Schelling was a cult figure within behavioural economics and international relations.
Schelling made a number of fundamental...
When you call up a business, you might get an automated customer service giving you options and helping you to do whatever it is you need to. This is a digital robot.
It’s common to see digital robots in these types of roles because the technology is getting cheaper and better, says Mary-Anne Williams, founder and director at UTS’...
The modern world is a complex place, even if we don't think it is.ShutterstockAnts are simple creatures. They live by simple rules: if you see a scrap of food, pick it up; if you see a pile of food, drop the food you are carrying. Out of such simple behaviour, an ant colony emerges.
We humans are like the ants. For all our sophistication, we react...
State governments have recognised that treatment for mental health should be subject to more modern regulation.from shutterstock.comEvery jurisdiction in Australia, except the Northern Territory, has been reforming its mental health laws in recent years. This is because governments have recognised that treatment for mental health should be subject...
The Evolution of Sustainable Event Merchandise Event planning has undergone a massive transformation over the last decade. Gone are the days when organizers could hand out cheap, single use plastic...
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Flowers have a great power to speak when humans cannot express their feelings with right words. Flowers are the best gifts when you are celebrating a birthday or welcoming a newborn child into your fa...
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For a long time, you might have defaulted to overseas suppliers when sourcing fabricated metal components for a project. The unit price was lower on paper, and the maths seemed straightforward. That...
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Tariff escalations, supply chain fragility, geopolitical events, and the ongoing threat of cyber disruption have reshaped the risk environment facing Australian organisations. The problem is that ma...
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Starting out as an Uber driver in Melbourne is not as complicated as it sounds but getting the vehicle right is where most new drivers get stuck. Uber has strict requirements around vehicle age, condi...
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Legal issues can begin with a simple question, then become harder to manage once formal steps are involved. Many people wait until a matter feels urgent before seeking guidance, even though earlier ...
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As Australian healthcare providers grapple with unprecedented operational bottlenecks, a new nearshore model is quietly transforming patient care delivery. Forward-thinking organisations, including...
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In today’s competitive logistics and supply chain industry, businesses are constantly looking for ways to reduce operational costs without compromising efficiency and reliability. One of the most prac...
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The growth of e-commerce and modern retail has transformed customer expectations. Consumers now expect fast shipping, accurate order processing, and seamless delivery experiences regardless of where...
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The gap between garment steamers built for a quick touch-up and ones built to keep pace with a wor...
Most people don’t pay much attention to how they sleep until they start waking up with a stiff bac...
Sustainability in building design is often associated with recycled materials, renewable resources a...
NDIS support coordination explained means understanding how a professional can help participants n...
Divorce involves more than completing an online application. It can affect parenting arrangements, p...
Choosing a reliable installer is just as important as choosing the right hot water system. A qualifi...
Digital promotion has become increasingly complex. Businesses communicate with customers through w...
You cover your mouth when you laugh. You skip the group photo. Maybe you edit pictures to soften a...
A sudden, throbbing toothache can totally stop your whole day, with no warning. When severe pain, ...