Month: October 2010


I had to create a looping VCD today. You would think that would be easy. But NO. VCD is ancient, and you can’t easily find current day tools that deal with it. After a lot of messing around, this is what I (thought I) had to do: convert the original .mp4 file to AVI with […]

The Winner’s Curse

The question is, what causes spending to expand well beyond initial projections? Explanations range from subtle psychological impulses when numbers are involved, to the economic phenomenon known as the winner's curse, to outright lying. …. Economists and behavioral scientists say the pattern of budget excess echoes findings in other areas where people allow their best […]