This past weekend our "undefeated" rugby team (of 60+ players) were going down to Lisbon for some matches. Having never been to Portugal, I thought I'd tag along as an unofficial cheerleader... except I never made it to the games because I was busy being a tourist (sidetracked, sorry!). I know what you're thinking. "Oh, Nadia, another weekend debauchery trip. Shouldn't you be focusing on your studies?" I did. I learned a lot of business related things this weekend that are applicable to my classes. Here are a few...
Ethics:
- If the bathroom ceiling of your AirBnB property caves in on itself, it is the ethical responsibility to upgrade the guests to an even nicer apartment in an even better location. However, for these said guests to then arbitrage their trip as a "calm and quiet girls trip" when the opposite is true, might not be as ethical...
- Power of Influence: It only takes one person yelling "GRENADE!" to cause an effect of 90 people seeking shelter under tables in a restaurant
- Group decision making becomes easier when everyone else is in a stupor and will follow like sheep... to the next bar
Accounting:
- The total cash flow of a night in Lisbon needs to be adjusted by Capital Expenses of Alcohol, Cab Rides, Late Night Food, and depreciation of one's own body
- The Balance of your wallet from the night before and the morning after never seem to balance out perfectly. Adjust the statement by including a "Period of No Memory" clause.
Economics:
- There is a segment of people that are less price sensitive to the cost of a ride in the tuk tuks given their valuation of the experience :)
- At some point in the night, girls and boys reach a Nash Equilibrium where they have don't have a benefit by changing their strategies unilaterally... (credit goes to Caitlin for this one)
- Given unlimited Supply of good food, Demand increases until it reaches the equilibrium point of Full Stomachs and Complete Lethargy
- While the demand of Pasteis de Belem is high, it's worth the massive line
Statistics:
- While the supposed population mean is 29, with a sample size >30, the sudden perceived age seems to be 18-22 (with a 95% confidence interval)
- There is a positive correlation between the time of the night and amount of dance-offs. However, a negative correlation between time of night and amount of cash left in your wallet (and amount of quality sleep)
- The probability of finding 90 people in striped shirts with berets and red scarves is actually quite low, once variables such as Level of Intoxication are factored in
Finance:
- The net value of Bifana at 4am is very great given the discount rate alcohol has on your body.
So there you have it. See? I'm learning.
But seriously, Lisbon was great. Lots of good sights, good food, good people, good times. Also got to hang out with Jon Lu who just happened to be in Lisbon at the same time for a conference!
Now to start studying for finals...








