Where's the Inefficiency?

Hi everyone,

I hope everyone's having a great spring -- yes, it actually feels like spring, even in Minneapolis. Anyways, I just got a kick out of this article in the Times this morning on "Booing" at sporting events... and thought I'd ask if anyone knows why we'd need to regulate free speech at sporting events...

I've seen a lot about fan behavior out here attending the (#1) Golden Gopher hockey games, and it's really quite impressive to see how much more knowledgeable hockey fans out here are compared to at Ranger games in NY. I've been surprised by how little these fans boo their own team, and how when they do it really means something -- yes, they're only college players and not professionals, but MN people take their Gopher Hockey as seriously, if not more so, than the MN Wild pro team...

I also just wanted to mention that my original intent of this blog was as a way for a bunch of us to keep in touch without having to email everyone individually -- so even if you don't have econ related content and just want to say hello, drop us all a line.

We're doing contract theory in Macro right now (Sargent and Ljungqvist Ch. 19-20), and I'm really enjoying playing around with enforcement constraints -- though I'm still not quite sure what these models are used for just yet...

Hope all is well with the rest of you. Best wishes,
Ariel