Editing Simon–Ehrlich wager (section)

==Other wagers==
In 1996, Simon bet $1,000 with David South, professor of the Auburn University School of Forestry, that the inflation-adjusted price of timber would decrease in the following five years. Simon paid out early on the bet in 1997 (before his death in 1998) based on his expectation that prices would remain above 1996 levels (which they did).<ref>{{cite web |url=http://www.forestry.auburn.edu/sfnmc/web/bet.html |title=The Simon South Bet On Pine Sawtimber |publisher=Forestry.auburn.edu |date=1998-02-08 |access-date=2009-09-07 |url-status=dead |archive-url=https://web.archive.org/web/20080510190007/http://www.forestry.auburn.edu/sfnmc/web/bet.html |archive-date=2008-05-10 }}</ref>

In 1999, when ''[[The Economist]]'' headlined an article entitled, "$5 a barrel oil soon?" and with oil trading in the $12/barrel range, David South offered $1,000 to any economist who would bet with him that the [[price of oil]] would be greater than $12/barrel in 2010. No economist took him up on the offer. However, in October 2000, Zagros Madjd-Sadjadi, an economist with The University of the West Indies, bet $1,000 with David South that the inflation-adjusted price of oil would decrease to an inflation-adjusted price of $25 by 2010 (down from what was then $30/barrel). Madjd-Sadjadi paid South an inflation-adjusted $1,242 in January 2010. The price of oil at the time was $81/barrel.<ref>{{cite web |url=https://fp.auburn.edu/sfws/sfnmc/web/oilbet.html |title=The Madjd-Sadjadi South Bet On Oil |publisher=Forestry.auburn.edu |date=2010-01-31 |access-date=2012-01-29 |url-status=dead |archive-url=https://web.archive.org/web/20120608030701/https://fp.auburn.edu/sfws/sfnmc/web/oilbet.html |archive-date=2012-06-08 }}</ref>