Big Bang Theory — An (Un)Permitted Deck

 

Howard and Bernadette are bothered by their neighbor’s (Andy) new flood lights, which appears to look out over their backyard and right into the hot tub they have built. Andy doesn’t see the problem because his flood lights are in his backyard and provide him some sense of security, but they are a nuisance to Howard and Bernadette.

Instead of talking to their neighbors directly, like the Coase Theory would suggest, they head to the city zoning office to try and report the issue in the hopes that he has violated some city zoning ordinance. When they realize that will take too much time, they try to get Sheldon’s help, but Sheldon is cautious because Bernadette and Howard didn’t get permission to build their backyard deck, nor renovate their shower.

In Howard and Bernadette’s mind, government regulation should only be used for externalities. Their deck and bathroom aren’t affecting third parties so they don’t see the need to have them approved.

 

The Big Bang Theory: Xbox 1 vs. Playstation 4

 

Sheldon weighs the pros and cons of buying one gaming system over the other. He quickly realizes that whichever system he buys means that he won’t be able to get the other system. The opportunity cost of a decision is the value of the next best alternative, but sometimes when two items are closely related it means the buyer may have some buyer’s remorse from selecting the wrong item.

Big Bang Theory — Rock, Paper, Scissors, Lizard, Spock

 

Sheldon isn’t a fan of traditional rock, paper, scissors so he introduces a new variant of the game with two more options, which increases the number of possible outcomes. The guys decide to use RPSLS to solve their disagreements, but they seem to struggle with the notion of needing to have mixed strategies. While Spock is not a dominant strategy in this game, the others don’t seem to comprehend ways to beat the throw.

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