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