Latest Articles
Too Little vs Too Much Panda-ing - youtube cartoon (3/12/2015)
You could have too little or too much of a good thing.
You could have too little or too much of a good thing.
Hedging Inflation with Prostitution (1/30/2015)
Prostitution has proven to be an effective hedge against high inflation induced by subsidies and price control in Venezuela.
Prostitution has proven to be an effective hedge against high inflation induced by subsidies and price control in Venezuela.
Who Is Over a Barrel? (1/20/2015)
The impact of low oil prices on oil output depends on the cost structures of different types of oils.
The impact of low oil prices on oil output depends on the cost structures of different types of oils.
Premium from Freemium (12/30/2014)
Free public goods with close to zero marginal cost could profit from partial excludability.
Free public goods with close to zero marginal cost could profit from partial excludability.
Pay What You Want (12/27/2014)
The pay-what-you-want model makes economic sense when it is used as a limited-time promotion and as a loss-leader to increase sale of higher profit-margin related products.
The pay-what-you-want model makes economic sense when it is used as a limited-time promotion and as a loss-leader to increase sale of higher profit-margin related products.
Surge Pricing Ride Service (12/13/2014)
Dynamic pricing allows mobile-dispatched ride services such as Uber to digitally match supply and demand at the expense of regular taxi companies.
Dynamic pricing allows mobile-dispatched ride services such as Uber to digitally match supply and demand at the expense of regular taxi companies.