8 days ago by Christian

Some businesses try to be everything to all people. Many joint ventures begin and fail because they’ve determined that their combined forces are good for everyone. Rather than focusing on their target market, they spread their marketing efforts too thin and end up with fewer customers. Your joint ve ...

Joint Venture Marketing - jointventuremarketingblog.com · Rank: 94,874

10 days ago by Mark Thoma

For the first few years I was doing this, I'd often complain that government regulators weren't doing enough to intervene in cases where firms had substantial market power. But this was mainly an economic worry about how market power leads to the inefficient utilization of resources. Over time, howe ...

Economist's View - economistsview.typepad.com/economistsview · Rank: 1,113 · 1043 references

13 days ago by Blogger Bryn

An intersting escalation in govt action to reduce smoking is proposed in Scotland http://news.bbc.co.uk/1/hi/scotland/8340947.stm a) How does smoking lead to market failure? b) What therefore does any policy regarding smoking aim to achieve? c) To what extent do you think making it a criminal offenc ...

Bryn's AS Economics Blog - brynsaseconomicsblog.blogspot.com · 1 reference

16 days ago by Mark Thoma

James Surowiecki looks at the latest price war: Priced to Go, by James Surowiecki: In the spring of 1992, the airline industry ... found itself in the middle of a full-fledged price war. In a matter of months, the airlines collectively lost four billion dollars. ...[A]t bottom it was just like other ...

Economist's View - economistsview.typepad.com/economistsview · Rank: 1,113 · 1043 references

16 days ago by Mark Thoma

One more time, is CEO pay justified?: Banker Bonus Rain, by Nancy Folbre, Economix: ...Wall Street firms have always been famous for their generous bonuses to managers and traders — their so-called “rainmakers.” The graph ... shows that employee bonuses have actually exceeded the estimated pre-tax p ...

Economist's View - economistsview.typepad.com/economistsview · Rank: 1,113 · 1043 references

19 days ago by Blogger Bryn

An interesting clip from the BBC showing changing consumer behaviour in the recession http://news.bbc.co.uk/1/hi/uk/8335214.stm a) What form does government intervention take in the car tyre market? b) Why does the government do this? In what way would a free market in tyres fail? c) To what extent ...

Bryn's AS Economics Blog - brynsaseconomicsblog.blogspot.com · 1 reference

20 days ago by unfrozencaveman

Myspace alerted me to a new blog post today, but I discovered that I can’t read it because I’m no longer friends with the author. Fuck. Third time in the last six months. I don’t blame her. I owe her this, if that’s what she wants, but I’m not fucking happy with that. This is cheesy, but it popped i ...

Unfrozen Caveman - unfrozencaveman.wordpress.com · 2 references

27 days ago by unfrozencaveman

Yesterday, at the behest of my son’s grandparents, I went to the Desert Botanical Garden at Papago Park in Phoenix. We went for the annual Great Pumpkin Festival. It wasn’t horrible, but I don’t really see the point. It’s all so very white. First, we went and saw the butterflies. You go in this cage ...

Unfrozen Caveman - unfrozencaveman.wordpress.com · 2 references

27 days ago by Benjamin Seghers

A little while ago, I wrote about the “the globe is currently cooling” myth, which, unfortunately, was propagated in Steven Levitt and Stephen Dubner’s new book, SuperFreakonomics. As I explained earlier, I was big fan of their earlier book, Freakonomics, which is why I was disappointed to learn of ...

SCSU Intellectuals - scsuintellectuals.wordpress.com

28 days ago by Mark Thoma

Ben Bernanke does not want to lose "the economic benefit of multi-function, international (financial) firms," so he is hesitant to break large banks into smaller sized institutions. I don't have much problem with the economics, if there are efficiencies that come with bank size we should exploit the ...

Economist's View - economistsview.typepad.com/economistsview · Rank: 1,113 · 1043 references