Re: Family Businesses and Licensing

2003-07-11 Thread Eric Crampton
On Thu, 10 Jul 2003, John Perich wrote:

 
 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

There are zero licensing requirements for farming.  I'd lay even money
that farming would be in the top 5 professions on a proportion of
father-son teams scale.

Eric





Re: Family Businesses and Licensing

2003-07-11 Thread zgocheno
 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 fairly rigid prerequisites 
 (electricians have to pass journeyman and master-level tests; 
 lawyers have the bar and law school, etc).  Why is that?

As Eric pointed out, farming is also a profession where fathers and sons usually work 
together: in addition to what was named:  Carpenting, construction, medicine, 
mechanics, etc.  This is a social phenomenom much older than government licensing; it 
spans eras and cultures.  I'd say rather than licensing requirements, fathers and sons 
often work together in vocations with specialized training requirements.  Sons often 
learn this trade from their fathers and grow up in an environment where respect for 
this trade is fostered and encouraged.

Often in these professions, people must work together in teams and use very 
specialized knowledge to be successful.  A family bond is a good way to reduce search 
costs for good employees.  Vocational training is combined with father-son bonding for 
further reduction in the cost of training.  In other types of jobs that require less 
specialized training, the benefits of working with/for your father are typically much 
smaller.

 Also - why is it more often father/son, and not 
 mother/daughter or mother/son?  Or father/daughter?

In general, women do not go in to these types of professions.  Sons tend not to follow 
in the footsteps of their mothers for obvious reasons.  Mother-daughter professional 
relationships are less common because there are far fewer female professionals in 
these fields - but consider mother/daughter relationships in housewifery, modeling, 
beauty pageantry, etc.

- Zac Gochenour
[EMAIL PROTECTED]






Re: Family Businesses and Licensing

2003-07-11 Thread Sampo Syreeni
On 2003-07-10, John Perich uttered to [EMAIL PROTECTED]:

In my informal experience, fathers and sons tend to work together
full-time only in professions with strict licensing or training
requirements.

That's an interesting one. My first stab is that we might go about it the
other way. Why do such professions need strict licencing? One explanation
would be that these professions are crafts where the best way to learn the
job is to do it. In such professions we wouldn't expect there to be strict
outcome based criteria on what one needs to know, but we do know that a
certain learning process is more successful than others. So, if we want to
assure safety and efficiency, we can't just test for an applicant's skills
-- there'd be a problem with information. Thus the market orients itself
along the learning process, the uncertainty about the outcomes makes the
professions more amenable to legislative intervention, and the eventual
legislation then follows the process oriented reasoning.

Also - why is it more often father/son, and not mother/daughter or
mother/son?  Or father/daughter?

Perhaps self-selection in occupations, so that parent/child combinations
with different sexes do not benefit from intergenerational knowledge
transfer? That leaves the mother/daughter pairing. Perhaps that's because
of self-selection into lines of work which are less crafty?
-- 
Sampo Syreeni, aka decoy - mailto:[EMAIL PROTECTED], tel:+358-50-5756111
student/math+cs/helsinki university, http://www.iki.fi/~decoy/front
openpgp: 050985C2/025E D175 ABE5 027C 9494 EEB0 E090 8BA9 0509 85C2



Re: Family Businesses and Licensing

2003-07-11 Thread John Morrow
Another interesting question might be how does the distribution of income 
of children of people in these professions vary conditional on whether they 
go into their parents line of work controlling for socioeconomic status, 
etc.  I would gamble there are a disproportionate number of people centered 
around their parents profession's wage, with most coming from the lower end 
of the income spectrum -- in other words I am speculating that most of the 
additional wage from these professions comes from rote training and 
experience rather than other factors, although it seems also that the 
professions you mention all seem to also be of the very small business 
type, so the parents business might be an endowment much of which is only 
capturable if a child operates it, and as I believe small business 
operators are largely male (for whatever reasons, cultural or otherwise), 
that might explain some of the gender business, no pun intended.

At 08:56 PM 7/10/2003 -0700, you wrote:

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 fairly rigid prerequisites (electricians have to pass journeyman 
and master-level tests; lawyers have the bar and law school, etc).  Why is 
that?

Also - why is it more often father/son, and not mother/daughter or 
mother/son?  Or father/daughter?

-JP

Do you Yahoo!?
http://us.rd.yahoo.com/search/mailsig/*http://search.yahoo.comThe New 
Yahoo! Search - Faster. Easier. Bingo.





Re: Competition vs. Profits in the NBA

2003-07-11 Thread Dan Lewis
The business model I floated a year or so ago (sadly on April Fool's
Day) gives visiting teams a % of local revenue, based on attendance.
(See http://www.nationalreview.com/comment/comment-lewis040102.asp)
That'd probably create a happy-medium between the two forces.
But more to your point, I'm starting to believe that the idea of a big
market team in sports is something of a fiction. Instead, big
market is synonymous with historically and currently good team who
doesn't go into debt. The last part creates some honestly _small_
market teams -- see anything team a dairy state -- but note how few
true big-market teams there are, and what sets them apart:
1) The Lakers are clearly a big market team. The Clippers, who share a
home-court with them, aren't.
2) The Philadelphia Eagles (NFL) were a regularly competitive team
before the salary cap. The 76ers (NBA) and Phillies (MLB) were both
considered failing, small market teams until recently.
3) The Nets play in the same complex as the Giants and Jets (NFL).
4) The Portland Trailblazers are considered a regular contender in the
NBA. Portland is so small it has no football or baseball team,
although it may have the latter in the future.
5) The Dolphins are a football institution. The Heat have been mostly
competitive throughout their history. The Florida Marlins are the
prototypical poor team.
6) No one would have a problem with a White Sox/Cubs world series, even
though they're both clearly large market teams.
7) Detroit made the NBA finals three years in a row, pre-cap and pre-
Jordan era (1988-1990), winning two. The Lions (NFL) and Tigers (MLB)
are perhaps two of the worst teams in recent sports history. (The
Pistons of the NBA, on the other hand, have been doing well over the
last few years).
The idea that large markets exist seem more to be a function of the
team than the city itself. So, if you have a dynasty, it'll draw
eyeballs, _even if it's in the bumbles._
The best example is the Detroit run in the NBA. In their third year,
they played Portland, with, if I recall correctly, better ratings than
they had the two years before (versus the Lakers).
But more importantly, remember that these finals were projected (after
game 2) to have the worst ratings since 1982. (As it turned out, they
had the worst ratings since they've been recorded.) Who played in
the '82 Finals? The Lakers beat the Sixers, 4-2. Note that the two
teams had faced each other in 1980 with the same result (although LA
had a different coach) and would face each other _again_ in 1983.
In '83, the Sixers won 4-0, and the ratings were better.
The best explanation is that fan base has a significant lag time to it,
especially as you get to smaller markets. Combine that with the fact
that the one team that had been to the finals the year before (NJ) was
a huge underdog and didn't put up much of a fight, and this series was
doomed to lose to Joe Millionaire.
So, the problem isn't that we want to give small market teams a
chance. The problem is that leagues dislike dynasties, but dynasties
are good for them.
Dan Lewis

At 01:31 PM 7/10/2003 -0500, you wrote:

Playoffs between small market teams get low ratings, like the New Jersey
Nets/San Antonio Spurs championship game. But a lot people inside sports
seem to resent big market teams (Yankees, LA Lakers) consistently
dominating the play-offs, although audiences seem to want dynasties from
big cities.
Is there an inherent problem here? Is it inevitable that there is a
conflict between people inside sports who want to see some diversity among
the winners? Is big league team sports inherently biased towards the
dynasty model? Are there viable business models for team sports that could
produce a wider range of winners?
Fabio