HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUE

Lynne Kiesling One of the most fascinating phenomena to be analyzed using industrial organization is the clustering of competing retailers. Ask yourself: why do Oriental rug stores all cluster in the same block? And what about car dealers? Don’t you want to be farther away from your competitors? Enter Harold Hotelling, who developed a simple … More HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUEMore HOTELLING BEHAVIOR: CHOCOLATE ON MICHIGAN AVENUE

AMITY SHLAES ON WOLFOWITZ AND BOLTON

Lynne Kiesling Today Tech Central Station has an article from Amity Shlaes, an author whose writing I enjoy, on the selection of Paul Wolfowitz and John Bolton for the World Bank and UN, respectively. Her comments are consistent with my observations, although she does not point out that one thing that’s at stake is the … More AMITY SHLAES ON WOLFOWITZ AND BOLTONMore AMITY SHLAES ON WOLFOWITZ AND BOLTON