To Francois-Rene:
On exclusion v. first-right:
I agree with you that exclusion and first-right are different but
not necessarily contradictory concepts. Indeed, the nature of an
apple is to be exclusive, while the nature of digital data is to be
non-exclusive. However, the basis of propert
Since their wasteful government continues to exist; even as wasteful
companies wither away this observation holds much appeal to me.
-Original Message-
From: Robin Hanson <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED] <[EMAIL PROTECTED]>
Date: Tuesday, July 25, 2000 12:42 PM
Subject: Re: The
Question: Is there any reason to support baseball salary caps?
It seems the only thing caps would do is shift income from
players to owners. Some argue for aesthetics: salary caps would
mean that large franchises wouldn't monopolize good talent.
Any other decent arguments?
-f
Bryan Caplan wrote:
> > It also suggests that most people might stay with social security
> > if it were made voluntary - at least for a while.
>
>This is a really neat point, especially because I'm pretty sure it's
>wrong. I can't imagine many people who are already comfortable with
>personal in
I enjoyed the following Letter to a Journal Editor found on Ivo
Welch's home page.
http://welch.som.yale.edu/academics/humor-letter.txt
Cheers
Alex
--
Dr. Alexander Tabarrok
Vice President and Director of Research
The Independent Institute
100 Swan Way
Oakland, CA, 94621-1428
Tel. 510-632-1
In your example of the radon detector the change in price could well be
different depending on the direction. If all homes had them, the builder
can buy in larger quantities- and in any case uniformity is less costly as
it leads to less errors (especially in processes in which a number of
subcont
Robin Hanson wrote:
> It also suggests that most people might stay with social security
> if it were made voluntary - at least for a while.
This is a really neat point, especially because I'm pretty sure it's
wrong. I can't imagine many people who are already comfortable with
personal investing
Could workers be taking the "default" option as a kind of endorsement or
certification by their employer than this particular choice is a
generally wise one?
E.g., if my home builder made radon detectors a standard home feature
(where I could request a downgrade), I would want one. But if ther
Bill Dickens wrote:
>I have not read this paper, but I find the conclusions described in the
>abstract completely plausible. What does this say about the economists
>model of human behavior?
>
>"The Power of Suggestion: Inertia in 401(k) Participation and
>Savings Behavior" ...
>http://papers.ss
I have not read this paper, but I find the conclusions described in the abstract
completely plausible. What does this say about the economists model of human behavior?
-- Bill Dickens
"The Power of Suggestion: Inertia in 401(k) Participation and
Savings Behavior"
BY: BRIGITTE C. MADRIAN
Dear Sourav, dear Armchair Economists,
I've cut through the previous argument and went directly to the summary,
for everyone's benefit.
>: Sourav K. Mandal <[EMAIL PROTECTED]>
> Anyway, in summary:
>
> We have not resolved our dichotomy on the general concept of
> property, let alone IP. You
> From: Yesim Yilmaz <[EMAIL PROTECTED]>
> So I am wondering, why aren;t there any secondary markets for stock
> options?
I'm puzzled, because there is a big market for buying and selling stock
options.
Other than legal and contractual restrictions, what stops you from calling
a broker and sell
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