Re: Amazon.com reviews

2000-08-05 Thread John Perich
Fabio wrote: I have found that Amazon.com staff reviews of books and film are more useful than most newspaper/television reviews of the same film. Is there an economic explanation of this? Is it because Amazon is selling to niche markets? -fabio I think you answered your own question.

Re: The Economics of Chess conventions

2000-09-19 Thread John Perich
Question: Chess players often use the "touch rule" - you touch a piece, you move it. Is there any economic motivation for this rule? Minimizes the number of "Oh, wait, I didn't want to do that - can I take that back?" claims, which (A) makes the game go faster, and (B) makes opponents less

Economics of Love

2000-09-28 Thread John Perich
In a recent discussion I had (off-line), someone described the demand for heroin (by heroin addicts) as perfectly inelastic. I responded that that was a bit off; if demand for heroin were perfectly inelastic, I would charge $1 billion a hit, and inevitably find a buyer. I offered, as a

Game Theory

2001-01-29 Thread John Perich
Most of us on the list should be familiar with game theory - which is why this should come as a pleasant surprise: http://us.imdb.com/Title?0268978 This link also provides a little more detail: http://www.upcomingmovies.com/beautifulmind.html Anyone else know anything about this project?

Re: Excessive drinking

2001-09-12 Thread John Perich
From: Edward Lopez [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Excessive drinking Date: Wed, 12 Sep 2001 18:15:40 -0500 In a Forbes article last year, a professor of health at Indiana University notes that since the increase in the legal drinking age to 21

Re: Airlines

2001-09-26 Thread John Perich
From: Bryan Caplan [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Re: Airlines Date: Wed, 26 Sep 2001 15:06:00 -0400 John A. Viator wrote: My (non-economist) take on this: The federal government has an obligation to step in where the assumptions of a

Re: Excessive drinking

2001-09-26 Thread John Perich
From: Edward Lopez [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Re: Excessive drinking Date: Wed, 26 Sep 2001 14:42:18 -0500 1. I reckon that venue counts on this issue. Dropping the legal age to 18 drives drinking underground: out of bars and restaurants, into

Re: the justification for urban planning

2001-10-26 Thread John Perich
From: Ben Berry [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: the justification for urban planning Date: Thu, 25 Oct 2001 21:18:23 -0700 Markets do very well at allocating goods like coffee or gasoline or clothes in the short term because of their flexibility in

Re: Austrians and markets

2001-11-18 Thread John Perich
From: Mark Steckbeck [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Austrians and markets Date: Sun, 18 Nov 2001 10:32:32 -0500 A colleague who had run and managed businesses in a previous life recently asked me to name a management strategy based on Austrian

Re: USPS

2002-01-05 Thread John Perich
I have seen that the U.S. Postal Service still loses money (not secondhand; I've seen actual figures), but (unfortunately) cannot point out where I read it. So, consider this a You're on the right track - don't stop now kind of affirmation. Maybe Thomas Pynchon was on to something ... -JP

Re: Enron- a case for less gov't?

2002-02-12 Thread John Perich
--- [EMAIL PROTECTED] wrote: All well and good for a company whose records make clear their inherent soundness. But if your financials are in disarray, would there not still exist the same comparative advantage to APPEAR open and honest while surreptitiously cooking the books? True, but the

Re: entropy and sustainability

2002-04-08 Thread John Perich
Well, Fred beat me to the punch here on the smart-aleck response. Unless you mean entropy as something other than the standard accepted definition - namely, a decrease in ordered energy on a thermodynamic level - then we can't help you. Actually, no, here's a thought: in six billion years,

Re: Grade Inflation

2002-04-08 Thread John Perich
(insert caveat about theorizing without data) Now then, a big selling point for competitive universities is retention rate - how many incoming freshmen they keep on to graduate at the same school. Obviously, good grades are a key factor in retaining students. For universities that take the

Re: economic history question

2002-04-10 Thread John Perich
There are a lot of abstractions that it'd help to qualify in that last statement. For instance: which government programs (FDR's right-to-work packages? LBJ's war on Poverty)? Whose calls for the U.S. to abandon capitalism? What is a safety net [...] for capitalism as a whole? We need

RE: economic history question

2002-04-10 Thread John Perich
. Thus it would follow that limited govt interventions in the market actually saved capitalism. Lynn -Original Message- From: John Perich [mailto:[EMAIL PROTECTED]] Sent: Wednesday, April 10, 2002 11:03 AM To: [EMAIL PROTECTED] Subject: Re: economic history question There are a lot

Re: Basketball Puzzle

2002-04-24 Thread John Perich
From: Ananda Gupta [EMAIL PROTECTED] Reply-To: [EMAIL PROTECTED] To: [EMAIL PROTECTED] Subject: Basketball Puzzle Date: Wed, 24 Apr 2002 16:41:56 -0700 I find #1 to be the most reasonable: Possible answers: 1. Agents are the ones who are really in charge; they maximize their own incomes by

Re: In Praise of Pay Toilets

2002-05-27 Thread John Perich
From: Anton Sherwood [EMAIL PROTECTED] In the Seventies I remember reading of something called the Committee to Eliminate Pay Toilets In America. If they'd changed it to Committee to Eliminate Pay Toilets In Communities, they could have named themselves C.E.P.T.I.C. Opportunities like that

Re: In Praise of Pay Toilets

2002-05-27 Thread John Perich
From: john hull [EMAIL PROTECTED] Serious question: If the firm is already charging a profit maximizing price, how can it pass the cost of bathroom maintenance to customers as a whole? Why do you assume the cost of bathroom maintenance isn't already included in the price charged? (Yes, I

Re: In Praise of Pay Toilets

2002-05-28 Thread John Perich
From: Technotranscendence [EMAIL PROTECTED] On Tuesday, May 28, 2002 12:25 AM John Perich [EMAIL PROTECTED] wrote: But it's just awkward to state it the right way. :) ) QED: Wouldn't it be more accurate to say that an entrepreneur must find a price above cost in order to make it worth her

Re: In Praise of Pay Toilets

2002-05-30 Thread John Perich
no sense or if my reasoning is totally out of whack. I don't want to go through life with a head full of bad economics! Best to you, jsh --- John Perich [EMAIL PROTECTED] wrote: Well, I made the comment originally because, in the neoclassical framework, would one have any reason

Re: double vs. single entry

2002-06-30 Thread John Perich
Fred Foldvary wrote: Accountants are now using imaginary numbers, Good heavens. How? -- Anton Sherwood, http://www.ogre.nu/ Well, I think Amazon.com's profits can only be expressed as the square root of -1. -JP _ MSN

RE: take-in/eat out

2002-07-23 Thread John Perich
From: Gray, Lynn [EMAIL PROTECTED] Do you typically purchase a beverage when you order take out? I know I don't (just take the food home and drink whatever we have there). If and I don't think I am mistaken on this restaurants have a higher margin on beverages than food would this explain at

Family Businesses and Licensing

2003-07-10 Thread John Perich
In my informal experience, fathers and sons tend to work together full-time only in professions with strict licensing or training requirements. Electricians, lawyers, realtors and even CPAs - I've found more father/son teams here than in any other type of job. All of those jobs have fairlyrigid

Re: Real wages constant since 1964?!

2003-12-04 Thread John Perich
As the listmember who probably has the dampest ink on his econ B.A., I can verify that that's what's being taught in our universities. -JP[EMAIL PROTECTED] wrote: In a message dated 12/4/03 3:07:31 PM, [EMAIL PROTECTED] writes:I think you are remembering your undergraduate education incorrectly

Re: Oscar Political Business Cycle

2004-01-03 Thread John Perich
I would suggest it's a self-enforcing cycle. In the past, the Academy has tended to award its Best Picture / Best Director cherries to movies released closer to its decision-making time. The studios, seeking Oscars to add to their prestige, notice this, and release more of what they consider

Re: Virginia Department of Professional and Occupational Regulation

2004-05-13 Thread John Perich
What do they call hairstylists who practice without a license? "Barber-y" Corsairs! Ha! Comedy gold, people. ... that's all I can add to the story, sorry. -John P."Robert A. Book" [EMAIL PROTECTED] wrote: Check out this website. It's a real time warp. And yes, Virginia does license barbers!