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Brains! The Economics of a Zombie Attack

April 04, 2011 by Scott Gustafson

In 2009, Philip Munz, Ioan Hudea, Joe Imad, and Robert J. Smith published a mathematical model of a zombie attack. Using various scenarios, they were able to model the equilibria, stability and ultimate outcome of an attack. While these results are interesting, they do not by themselves provide much information on the economic effects of an attack. This talk explores those economic effects focusing on employment, wage rates, prices, output and institutions.

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