Thursday, June 29, 2017

Two-way Bundling

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Here is the pricing schedule from a recent trip to Dolmabahçe Palace. Note that the average price per person falls for families and that the...
1 comment:
Friday, June 23, 2017

The Economics of Panhandling

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how economists see the world, article here HT:  MarginalRevolution.com
1 comment:
Monday, June 12, 2017

Models are tools

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Slideshow on the use of macroeconomic models that reminds me why I study micro.
Monday, June 5, 2017

Swearing as a signal

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Signals are convey information only if they are costly to use.  Otherwise, it too difficult to interpret what they mean. To see this, cons...
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Sunday, June 4, 2017

Why does it cost more to insure a Tesla?

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The AAA is raising rates to insure Tesla's , and Tesla is angry: The rear-wheel-drive Tesla Model S is involved in 46 percent more cla...
6 comments:
Friday, June 2, 2017

Like Growing Wheat on Wall Street

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The FCC recently concluded an historical auction . Spectrum licenses have been auctioned off for mobile phone service in the past and lic...
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Why are productive people leaving Puerto Rico?

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The economy is contracting and productive people can earn two to three times more on the US mainland than in Puerto Rico. “I had to choos...
1 comment:
Thursday, June 1, 2017

Taxes and income, facts on inequality

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Wall St Journal short video .
Wednesday, May 31, 2017

Portland taxes excessive CEO pay: what could go wrong?

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Portland placed an extra 10% tax on excessive CEO pay : "When I first read about the idea of applying a higher tax rate to companies...
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Price Discrimination in Internet Usage

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Former Chief Economist at the US DOJ has estimated demand for Internet usage by looking at how much consumers cut back when they are near t...