tag:blogger.com,1999:blog-1752771132348583018.post5797527244065085230..comments2024-03-28T19:34:35.805-05:00Comments on Managerial Econ: Required/Prohibited Vertical IntegrationLuke Froebhttp://www.blogger.com/profile/06832270922187297624noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1752771132348583018.post-69577427425779157222013-05-15T11:18:03.919-05:002013-05-15T11:18:03.919-05:00Most people comment like: Nice article, thanks whi...Most people comment like: Nice article, thanks which makes me think that they are after the link juice. Their comments goes straight to the trash. well basically im a travel agent and we offers <a href="http://cheaphajjandumrah.co.uk/" rel="nofollow"> Cheap umrah Packages</a>.Understanding the article before commenting shows the author that you came for the knowledge.cheap hajj packageshttp://cheaphajjandumrah.co.uk/noreply@blogger.comtag:blogger.com,1999:blog-1752771132348583018.post-5874195222533178222013-04-25T14:56:23.337-05:002013-04-25T14:56:23.337-05:00Ironically, the Brits mandated that "tied&quo...Ironically, the Brits mandated that "tied" pubs carry at least two brands of beer. The result has been a dramatic decline in output. <br /><br />If proven, the causal link would be that tied pubs are efficient, and that eliminating that option lead brewers to use less efficient ways of distributing beer, which resulted in a decline in output. Luke Froebhttps://www.blogger.com/profile/01280753038872889417noreply@blogger.comtag:blogger.com,1999:blog-1752771132348583018.post-46670363472501811482013-04-17T09:33:08.765-05:002013-04-17T09:33:08.765-05:00Does the three-tiered system for alcohol distribut...Does the three-tiered system for alcohol distribution really make it easier though? I believe it was more of an after-effect from the repeal of prohibition, and now it is so institutionalized (in culture and law) that it will be nearly impossible to break. But, in England there is no such system, and so you end up with beer manufacturers that run their own pubs. There are downsides to that too, but in some ways I would think it encourages maximum efficiency out of the producer/retailer. What I would worry about with marijuana is that this setup of required vertical integration would lead to one or two companies that become very efficient, then they start gobbling up all the less efficient operations, and then the possibility of that bigger operation becoming corrupted due to the nature of the marijuana business (i.e. links to drug cartels, etc.). Then you have a major drug war, a la Mexico, inside US borders. So, in some ways, I would almost prefer a three-tiered system to disaggregate the entry points into the industry and keep each player small (like retailers of high-gravity beer, wine, and liquor are in Tennessee now).SG DeMershttps://www.blogger.com/profile/09816641381760940565noreply@blogger.com