Most predictions were for the American economy to slip into a recession in 2023. It didn’t happen! Will it happen in 2024? It could, but most likely not per the prevailing view. In this post, I will summarize the recession saga that has played out during the last three years and conclude with some takeaways. […]
Let’s Conduct a Presidential Election Opinion Poll
As the 2024 American presidential election approaches, the media will inundate us with opinion polls forecasting the election. How do pollsters conduct these polls? I will provide a non-technical overview in this post. For this overview, imagine the Biden campaign has hired us to conduct a poll. Contact Method We will telephonically ask (survey) a small subset (sample) of […]
So, You Don’t Own a Virtual Reality Headset. What Does That Say About You?
This year Apple demoed its first virtual reality (VR) headset, and Meta slashed the prices of its VR headset models. This corporate activity has motivated me to blog about innovative products like VR headsets. In this post, I will describe consumer behavior toward innovative products and discuss some behavioral implications. Most of us don’t own […]