Lynne Kiesling Jeff Jacoby has a nice column in yesterday’s Boston Globe on ticket scalping laws, and how they are being eliminated in some states but not others. He picks up on some of the same themes that Mike did in his recent post about how Major League Baseball has jumped on the StubHub bandwagon …
Michael Giberson The Washington Post Food section ran an article with Tyler Cowen, professor of economics at GMU, blogger at Marginal Revolution, and author of Discover Your Inner Economist. An economist at George Mason University, Cowen has rather unusual criteria for restaurant selection. He doesn’t first look at the menu, the ambiance or the reviews. …
Lynne Kiesling Last week’s Economist had a writeup and synopsis about Nayan Chanda’s new book, Bound Together: How Traders, Preachers, Adventurers, and Warriors Shaped Globalization. I have not yet read the book, but given that he starts from the premise that globalization started the moment that humans left Africa, I am certainly intrigued. The rise …
Lynne Kiesling Lately in the KP household we’ve been marveling even more than usual at the extent to which technology has beneficially transformed our lives. Yesterday we had a macabre, earthy sharing of stories, while visiting with friends and meeting their new daughter, about 19th-century doctors not realizing a woman was pregnant with twins, or …
Michael Giberson Is the most actively traded Inkling Market focused on a single party’s primary in a special election to be held to replace a retiring member of Congress? More active than any other political market on Inkling, more than baseball, more than football, and even more than American Idol. A few markets have more …
Michael Giberson Major League Baseball has entered into a revenue-sharing agreement with StubHub, an online ticket resale marketplace now owned by eBay. Radio news program Marketplace had a brief story that was far too breezy in the introduction for my tastes: Scott Jagow: In pro sports, ticket scalping is — let’s face it — part …
Stubhub Becomes Major League Baseball’s Official Online Ticket Resale Marketplace Read More »
Lynne Kiesling Mike and I are on the same wavelength this morning; his earlier post about the Whole Foods/Wild Oats merger case came right as I was reading this morning’s paper. Today’s Wall Street Journal has a story about the expert testimony for both sides (WF/WO and FTC) of the case (sub. required). Of course, …
Michael Giberson Or are Whole Foods and Wild Oats just two little fish in the big sea of the grocery business? The WSJ’s The Numbers Guy contemplates the issues surrounding a survey of shoppers introduced into the current FTC case seeking to block the Whole Foods-Wild Oats merger. The FTC argues that the survey is …
Lynne Kiesling Remember in the spring, when the Supreme Court decided in KSR v. Teleflex that courts should use more flexibility in determining whether new ideas are “obvious” and therefore not patentable? Today’s Wall Street Journal has an article discussing the ramifications of that decision (sub. required): “The Supreme Court has made it clear what …
Supreme Court Patent Decision Trickles Down Into Precedent Read More »
Lynne Kiesling Recently I mentioned Zappo’s as an example of an innovative business model that defies preconceptions about consumer behavior. Here’s a coda to that observation: the success Zappo’s has seen has brought both imitation and innovation. Hello, perennial gale of creative destruction! Exhibit A: Endless, a new shoe and handbag site with free overnight …
Competition + Technology = Business Model Innovation Read More »
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