Managerial Econ

Economic Analysis of Business Practice

Tuesday, December 31, 2013

Competition is good

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Warren Buffett’s Berkshire Hathaway and Jorge Paulo Lemann’s 3G Capital just purchased Heinz for $23.3 billion .  This raises an obvious que...
5 comments:
Sunday, December 22, 2013

Christmas Bundles

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I am torn. Part of me is proud that they understand pricing so well. And part of me thinks they mis-understand Christmas.
1 comment:
Friday, December 20, 2013

How t-shirts get made

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Good five part series by NPR that is making me rethink my opposition to government subsidies for public radio.  Shows how the invisible h...
Sunday, December 15, 2013

Car Dealership Quota: 129 Cars

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A nice story on " This American Life " was about a car dealership trying to make its monthly quota. So they have to make October...
10 comments:
Friday, December 6, 2013

What happens when you post medical prices online?

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You attract Canadians, Smith knew that putting his prices online had been a great idea when Canadians began flying down to the SCO for ...
6 comments:
Wednesday, December 4, 2013

Distinguishing FB Friends from FB Trolls

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Suppose part of your marketing campaign involves creating a Facebook page to engage in social media marketing but you many of the comments a...
3 comments:

REPOST: Consult an economist before buying a wedding dress

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When Stephanie (her name has been changed to avoid embarrassment) went shopping for a wedding and bridesmaid dresses, she found...
11 comments:
Monday, December 2, 2013

Flood subsidies are difficult to remove

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Subsidies destroy wealth by encouraging the movement of assets to lower valued uses.  Flood subsidies,, for example, encourage home owners ...
2 comments:
Friday, November 29, 2013

REPOST: Advice for selling on eBay Motors: use lots of photos

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A new economics paper has found that prices for cars sold on eBay motors rises the more photos you post on the site (about $80 extra ...
43 comments:

REPOST: The Winners' curse in Yahoo Display Auctions

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Preston McAfee is an unusual economist in that he has passed a market test: Yahoo is willing to pay him for his advice. His latest advic...
1 comment:
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