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Like in Akerlof’s used-car market, the OCR platform presents employers with two categories of lemons (though others exist)—the disinterested applicant and the opportunitistic one. The former may not initially be interested in the job at all but feigns interest once granted an interview. This represents an error in selection against the interests of applicants who would like offers from the jobs they prefer most. But because of uncertainty in the market, interviews and offers are misallocated from those who should ideally receive them, those most qualified and committed for a given job?...

Author: By Ashin D. Shah | Title: A Second Shot at Summer | 4/8/2010 | See Source »

...they need to understand how it works right now. We can't just stand outside the Capitol shouting at people. We have to go about it a different way." For Varley, that means learning how to lobby, recruiting candidates and distributing questionnaires that clarify candidates' positions. "Political parties exist to win votes for people," she says. "The Tea Party should exist to win votes for principles...

Author: /time Magazine | Title: Can the Tea Party Movement Take the Next Step? | 4/7/2010 | See Source »

...recognize, however, that in-state casinos would allow for a more impulsive breed of gambling that could possibly make problems more severe where they exist already and create ones where they don’t. If the state is to bring casino-style gambling within its borders, it must also recognize that a handful of its citizens may develop an addiction. Massachusetts should dedicate some of the revenue generated from any future casinos to providing infrastructural support for programs that aim to temper and cure gambling-related issues among citizens...

Author: By The Crimson Staff | Title: A Numbers Game | 4/6/2010 | See Source »

...Reuters, in a statement, didn't criticize the Pentagon, instead saying that its employees' deaths "were tragic and emblematic of the extreme dangers that exist in covering war zones." But Assange said the attack was unjustified. "If those killings were lawful under the rules of engagement," he told reporters at the National Press Club in Washington, "then the rules of engagement are wrong...

Author: /time Magazine | Title: Combat Video: The Pentagon Springs a WikiLeak | 4/6/2010 | See Source »

...does exist, the Higgs would help plug a hole in the so-called Standard Model - the far-reaching set of equations that incorporates all that is known about the interaction of subatomic particles and is the closest thing physicists have to a testable "theory of everything." But many theoreticians feel that even if the Higgs boson exists, the Standard Model is unsatisfactory; for instance, it is unable to explain the presence of gravity, or the existence of something called "dark matter," which prevents spiral galaxies like our Milky Way from falling apart. Even the mighty Higgs cannot explain those mysteries...

Author: /time Magazine | Title: Why the Collider Matters: In Search of the 'God Particle' | 4/3/2010 | See Source »

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