Lynne Kiesling Today’s Wall Street Journal has an excellent article from Rebecca Smith on pay-as-you-go electric service (subscription required). Mr. Price, a retired computer programmer, drops by the office of his local utility, the Sacramento Municipal Utility District, every six to eight weeks and pays enough to cover a month or two of service. The …
Electricity Retail Choice: Pay-As-You-Go Service Read More »
Lynne Kiesling A game-theoretic analysis of one of the most enduring conflicts between men and women: toilet seat up or down? This paper in the Science Creative Quarterly provides a game-theoretic analysis that incorporates the cost of the domestic dissent, specifically, the cost to the male of the yelling that will ensue when the female …
A Game-Theoretic Analysis of Male-female Toilet Seat Behavior Read More »
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 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 …
Lynne Kiesling I am off to my old stomping grounds for a few days of KP Spouse family reunion, and seeing some of my old colleagues and friends. To plant a seed for discussion upon my return, here’s an event that I’ve been thinking about a lot in the past few days: Lala, which started …
Think About This: New Music Business Model From Lala Read More »
Lynne Kiesling On Friday another retail electricity rate increase took effect in Maryland, bringing the total increase in retail rates since the removal of price caps to 70 percent. This increase has occurred during a time when natural gas prices have risen by almost 100 percent, so the cost of generating power (particularly peak hour …
Two Articles on Maryland’s Electricity Price Increase Read More »
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