I agree with Russ Roberts on the dynamic effects of GMail: in a very short time span my Yahoo! email capacity went up from 6 MB to 100 MB, which is good, because I have a couple of friends who like to travel and email home some VERY high-resolution photos. Competition is wonderful.
Steve Verdon has a thought-provoking post with good links on the potential value of a synthesis of Austrian economics and evolutionary game theory that focuses on learning. One of the problems even for the more sophisticated models of learning in games is that the economist still pretty much has to specify the environment, and if …
Learning In Game-theoretic Models And Austrian Economics Read More »
Virginia Postrel has a lot of good discussion of the issue of productivity growth, based to some extent on William Lewis’s new productivity book and some of Brad DeLong’s posts. Just a pointer to her discussion and links …
In the past couple of days I?ve done some things that have given me some insights into my current research questions ? I?ve purchased appliances for our house and I?ve gotten our car?s emissions tested. Both of these situations have implications for policy regarding what are typically viewed as negative externalities. The main question to …
Energy Star Rebates And Irrelevant Externalities Read More »
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