Google’s Gmail: Competition Is Wonderful

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. … More Google’s Gmail: Competition Is Wonderful

Learning In Game-theoretic Models And Austrian Economics

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 … More Learning In Game-theoretic Models And Austrian EconomicsMore Learning In Game-theoretic Models And Austrian Economics

Productivity Growth Analysis

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 … … More Productivity Growth Analysis

Energy Star Rebates And Irrelevant Externalities

In the past couple of days Iíve done some things that have given me some insights into my current research questions Ė Iíve purchased appliances for our house and Iíve gotten our carís emissions tested. Both of these situations have implications for policy regarding what are typically viewed as negative externalities. The main question to … More Energy Star Rebates And Irrelevant ExternalitiesMore Energy Star Rebates And Irrelevant Externalities