Latest Articles
Noodle Price-hike Conspiracy (6/22/2006)
Price hike is difficult to sustain in commodity business with many competitors.
Price hike is difficult to sustain in commodity business with many competitors.
Yellow Cabs, Red Tape (6/22/2006)
Transferable fixed-supply permanent taxi licenses result in high taxi fare and poor service with only normal return to current license owners.
Transferable fixed-supply permanent taxi licenses result in high taxi fare and poor service with only normal return to current license owners.
Framing Perceptions (6/22/2006)
Since people are risk-averse with respect to gain and risk-seeking with respect to loss, their choices can be easily manipulated by whether an offer is framed as a gain or a loss.
Since people are risk-averse with respect to gain and risk-seeking with respect to loss, their choices can be easily manipulated by whether an offer is framed as a gain or a loss.
Sugar Daddy (6/22/2006)
US subsidies to domestic sugar cane and sugar beet growers have resulted in huge collateral damage to domestic industries and overseas producers.
US subsidies to domestic sugar cane and sugar beet growers have resulted in huge collateral damage to domestic industries and overseas producers.
Tuned out (6/22/2006)
The popularity of iPods locks in customer loyalty to the closed iPod-iTunes portable music playing system.
The popularity of iPods locks in customer loyalty to the closed iPod-iTunes portable music playing system.
Spillovers Are Not Always Externalities (6/22/2006)
External costs or benefits exist only if property rights have not been clearly defined and/or when the negotiation or enforcement cost exceeds damage.
External costs or benefits exist only if property rights have not been clearly defined and/or when the negotiation or enforcement cost exceeds damage.
Milked to Order (6/22/2006)
Milk price support has discouraged vertical integration in the milk industry that might have led to cheaper milk for and lower tax on milk consumers.
Milk price support has discouraged vertical integration in the milk industry that might have led to cheaper milk for and lower tax on milk consumers.
