Michael Giberson Following up on the earlier post, a recent FTC document details the agency’s activities addressing the oil and gas industry during the first six months of 2009. Of the investigation into gasoline prices in Western New York, the FTC said: The Commission’s work involving oil and natural gas also includes the examination of … More More on the FTC and Western New York Gasoline Prices
Lynne Kiesling I see that Mike and I are both reading Market Design today … I liked Al Roth’s post on Virginia Postrel’s kidney exchange article in the Atlantic that came out last week. In addition to his highly complimentary commentary on Virginia’s article, which I recommend, he reviews some of the other press coverage … More Kidney Markets and Exchanges
Michael Giberson Al Roth at Market Design, directs our attention to The Ticket Economist: Grownup economists recognize that there’s a place for secondary markets, but I wonder if a convention of ticket re-sellers doesn’t have something of the flavor of a sex-workers’ conference, in the sense that the participants are engaged in an industry that … More Who Likes Ticket Scalpers?
Michael Giberson In October of last year, Congressman Brian Higgins sent a letter to then FTC chairman William Kovacic requesting an investigation of gasoline prices in his home area of western New York. Historically, prices in Buffalo and surrounding areas have been below the average price in the state, but beginning around the time of … More Never Did See That Ftc Report on Western New York Gasoline Prices