Michael Giberson The secondary market for tickets to sports events is hot. Once upon a time the market was a bunch of guys standing curbside waving tickets in the air. Or, depending on local antiscalping laws, making furtive eye contact and calling in a low voices. There were brokers, too, for the more upscale crowd. …
Online Secondary Ticket Markets Can Be Good for Teams and Fans Read More »
Michael Giberson One difference between regulated and unregulated utility companies is, apparently, that unregulated power suppliers use more sophisticated fuel purchasing strategies than their regulated counterparts. At least that is the message I get from this Platt’s Coal Trader article, “Deregulated utilities may use stocks as bargaining chips“, reporting on a statement made by Arch …
One Difference Between Regulated and Unregulated Utility Companies Read More »
Michael Giberson “Losers and Winners” captures a telling moment in the world economy. Just a small part of a big story – just one telling moment among millions. But somehow, without ever straying too far from the grounds of the German factory being disassembled, the film provides a picture of globalization. The story, according to …
“Losers and Winners”: The Gale of Creative Destruction, Captured on Film Read More »
Michael Giberson The New York Times, “Congress Turns to Energy, and Lobbyists Arrive“: With gasoline prices hovering near all-time highs, the Senate on Monday began debating a sprawling energy bill that has already kicked off an epic lobbying war by huge industries, some of them in conflict with one another: car companies, oil companies, electric …
Michael Giberson Ken Silverstein has a column about restructured retail electric power markets up at EnergyBiz Insider. He’s collected a variety of viewpoints and generally provides an update on the current state of things. He saves the fun part until nearly the end, where he quote Andrea Morrison, regulatory affairs director of Strategic Energy: With …
Michael Giberson I have a post up at Midas Oracle about some research into the effects of picking an outcome on the enjoyment a person gets from watching a contest. Here’s the first part: “When people make these predictions, they have this little sliver of doubt – ‘What if I’m wrong?,’” [Stephen] Nowlis says. … …
Does Picking a Winner Lessen the Fun of Watching a Contest? Read More »
Michael Giberson TechNewWorld has an article about the barely exploited potential for banking services in virtual worlds, along with a discussion of the varying policies of virtual worlds toward 3rd-party financial services and exchange rate policies between virtual and real-world currencies. Many banks and companies are getting in on the ground level, building up a …
Banks and Exchange Rate Policies for Virtual Worlds Read More »
Michael Giberson Apparently bloggers are not reliable market forecasters. Or, at least, that is the conclusion of an analysis by the CXO Advisory Group LLC comparing market returns to the Ticker Sense Blogger Sentiment Poll. The CXO blog concluded that “blogger sentiment: (1) mostly reacts to what just happened in the stock market; and, (2) …
Bloggers’ Free Investment Advice Worth Every Penny Read More »
Michael Giberson Prediction markets (a category which includes gambling on event outcomes) work well in some cases and less well in others. Justin Wolfers and Andrew Leigh have an overview of prediction markets appearing in The Melborne Review, which states the pertinent point: “attempts to set up markets on topics where there are insiders with …
Michael Giberson The U.S. interstate natural gas pipeline system may not be particularly exciting, but it is vital to the energy industry and that means vital to energy consumers. Need help getting started understanding this mostly invisible infrastructure? EnerPub has produced a thorough introduction. The U.S. natural gas pipeline network is a highly integrated transmission …
Copyright © 2022 Knowledge Problem Archive