Information costs and snowfall data

Lynne Kiesling Here’s a paper that befits the snowy month we’ve had in the U.S. … Jonathan Zinman and Eric Zitzewitz at Dartmouth find that ski resorts over-report snowfall, and that the proliferation of iPhones has led to more consumer information on accurate snowfall and ski conditions. The paper abstract: Casual empiricism suggests that deceptive … More Information costs and snowfall data

Local politician threatens to file price gouging claims against gasoline retailers opposing tax

Michael Giberson From the Fredericksburg, VA, Free Lance-Star, “GAS-TAX PINCH OR GOUGING?“: Spotsylvania County Supervisor Hap Connors threatened yesterday to file price-gouging complaints because of a lobbying association’s campaign that blames a Virginia Railway Express tax for increased gas prices. The county became a member of the commuter rail service Monday and enacted a 2.1 … More Local politician threatens to file price gouging claims against gasoline retailers opposing tax

Simon v. Ehrlich, again

Michael Giberson Paul Kedrosky gave a short talk at TED 2010 on the Simon/Ehrlich bet on commodities prices, and posts a summary of the content as “Re-litigating the Simon/Ehrlich Bet.” If the Simon-Ehrlich bet is to be re-litigated, and Kedrosky comment is taken as offering a brief in favor of Ehrlich’s position, what can be … More Simon v. Ehrlich, again