Yes, the idea would be to secure advertising dollars by closing the internet. In the short run he has competitors on the internet that he needs to get rid of to make that future happen.
The point is about which direction things are heading. Murdoch would like to make the internet be like tv, and has many of the resources required to force this upon the rest of us. He does NOT want to make TV like the internet.
Sorry if I double post here, slashdot barfed on my first attempt to answer.
He raises the ASP by moving a book from the cheapest local market to the most expensive global one. The total average of the market (for end consumers) is the weighted average of all the sales in all the markets the book is bought in.
"However, a person who raises prices for truly needed goods during a crisis also ensures that the goods go to the people who have the most critical need (as measured by willingness to pay), yet are still widely despised."
That's because for some bizarre reason, it appears to be the warlords who have the most critical need for every single provision during a crisis. Bizarre, I know, but somehow they are always the ones with the most willingness to pay.
Given that our libraries tend to be starving for cash, generating the list you propose and not using it to sell the books would be a waste of local tax dollars, and I'd prefer they not do that.
They are in between in reality. While they are not TRYING to block the aisle, they are blocking the aisle as a side effect of their decision to take a huge block of books off the shelf, sit in the middle of the aisle and scan, scan scan. Their chosen activity interferes with the proposed normative activity of browsing for an interesting book to read.
But if YOU were also going to buy this book, and would have paid X to the bookstore, but instead must now pay Y to him, who do you suppose winds up Y-X poorer for this guy existing rather than being run down by the nearest kind hearted person?
"In theory, Amazon's recommendations are meant to address this, but in practice they are useless (for some reason, my front page on Amazon keeps trying to sell me women's shoes - no idea why)."
That's usually a sign of an identity thief using your amazon account to buy clothes, you might want to give things a good check-over.
"In this case, we recognize that the practice of book scanning is a practical obstacle to the information-symmetric free market of book trading. So we correct for that by applying specific limits on that particular market."
I disagree with your premise. This is actually just reversing the information asymmetry that already exists in the market. Otherwise, every book at the sale would have an identical price, and that is manifestly not the case (at any such event I've been to... they always have different price bins).
So your problem with the PDA guy is that he's out-competing poorer resellers? If you don't have a device to scan on the spot, there is no way you are going to these events to resell. You'd have no way to know what to buy, and 95+% of the books are going to be priced above their $0 resale value.
I meant you could build a tunnel wide enough to allow a few dozen car lanes. You have to imagine just how horrible the BART experience is to get ONLY 300k rides a day with the population density out here.
Yes, everyone is moving this direction now. They don't use local storage for their lesson plans, they use a NAS. Now instead of the data being stuck on your desktop when you forget it, it's on an everywhere accessible network location.
Surely you mean anything you need saved goes to the university cloud storage, so they can keep it physically secured. Your usb flash drive is a bit easy to snatch.
I haven't been in a couple of years, but I'm shocked they would do this, as it would be a huge money loser for them as it would grossly slow the pace of games. Shuffling 8 decks takes them more than a minute, doing that every hand is a huge slowdown compared to playing 20 or 30 hands before the shuffle.
Well, you could tunnel under the SF bay or the peninsula mountain range and relieve the ridiculous housing pressures in SV. You could lay FTTH pretty much across the country. There are a lot of great ideas out there that would help our country compete better, but instead we invest in farm subsidies because our politics are paralyzed.
You're almost certainly mistaken about the shuffling part. The shuffle only happens after a certain percentage (50 or 75) of the 8 decks have been dealt. There is typically a line on the shoe that shows them how far to deal before the next shuffle. Until the shuffle, you can count the cards that have been dealt, and do the statistics in your head to try to beat the system.
Slashdot Mirror
Quantum watts, then?
Yes, the idea would be to secure advertising dollars by closing the internet. In the short run he has competitors on the internet that he needs to get rid of to make that future happen.
The point is about which direction things are heading. Murdoch would like to make the internet be like tv, and has many of the resources required to force this upon the rest of us. He does NOT want to make TV like the internet.
Probably, I'd guess there are statisticians who have gotten into it.
But out of curiosity, given there essentially cannot be a poorer reseller (the pda is a necessary implement of the reseller strategy), do you care?
Yeah, I would have no problem with this if he would promise not to attend or at least not to buy until the last hour of the sale.
Sorry if I double post here, slashdot barfed on my first attempt to answer.
He raises the ASP by moving a book from the cheapest local market to the most expensive global one. The total average of the market (for end consumers) is the weighted average of all the sales in all the markets the book is bought in.
He does, because he moves it from the cheapest market to the most expensive one.
"However, a person who raises prices for truly needed goods during a crisis also ensures that the goods go to the people who have the most critical need (as measured by willingness to pay), yet are still widely despised."
That's because for some bizarre reason, it appears to be the warlords who have the most critical need for every single provision during a crisis. Bizarre, I know, but somehow they are always the ones with the most willingness to pay.
Given that our libraries tend to be starving for cash, generating the list you propose and not using it to sell the books would be a waste of local tax dollars, and I'd prefer they not do that.
They are in between in reality. While they are not TRYING to block the aisle, they are blocking the aisle as a side effect of their decision to take a huge block of books off the shelf, sit in the middle of the aisle and scan, scan scan. Their chosen activity interferes with the proposed normative activity of browsing for an interesting book to read.
I'd assume he wants first edition, not a reissue.
Think about what his activity does to the ASP of end-consumers, e.g. people who actually want the book for its use, rather than its marketability.
But if YOU were also going to buy this book, and would have paid X to the bookstore, but instead must now pay Y to him, who do you suppose winds up Y-X poorer for this guy existing rather than being run down by the nearest kind hearted person?
"In theory, Amazon's recommendations are meant to address this, but in practice they are useless (for some reason, my front page on Amazon keeps trying to sell me women's shoes - no idea why)."
That's usually a sign of an identity thief using your amazon account to buy clothes, you might want to give things a good check-over.
"In this case, we recognize that the practice of book scanning is a practical obstacle to the information-symmetric free market of book trading. So we correct for that by applying specific limits on that particular market."
I disagree with your premise. This is actually just reversing the information asymmetry that already exists in the market. Otherwise, every book at the sale would have an identical price, and that is manifestly not the case (at any such event I've been to ... they always have different price bins).
So your problem with the PDA guy is that he's out-competing poorer resellers? If you don't have a device to scan on the spot, there is no way you are going to these events to resell. You'd have no way to know what to buy, and 95+% of the books are going to be priced above their $0 resale value.
I meant you could build a tunnel wide enough to allow a few dozen car lanes. You have to imagine just how horrible the BART experience is to get ONLY 300k rides a day with the population density out here.
Ah, so there's a machine shuffling as you play? That's interesting, and makes more sense to me. The last place I played was still shuffling manually.
Well, a closed source solution could intermittently save a convenient credit card, and send it over the network to the author.
Yes, everyone is moving this direction now. They don't use local storage for their lesson plans, they use a NAS. Now instead of the data being stuck on your desktop when you forget it, it's on an everywhere accessible network location.
Surely you mean anything you need saved goes to the university cloud storage, so they can keep it physically secured. Your usb flash drive is a bit easy to snatch.
I haven't been in a couple of years, but I'm shocked they would do this, as it would be a huge money loser for them as it would grossly slow the pace of games. Shuffling 8 decks takes them more than a minute, doing that every hand is a huge slowdown compared to playing 20 or 30 hands before the shuffle.
Well, you could tunnel under the SF bay or the peninsula mountain range and relieve the ridiculous housing pressures in SV.
You could lay FTTH pretty much across the country.
There are a lot of great ideas out there that would help our country compete better, but instead we invest in farm subsidies because our politics are paralyzed.
You're almost certainly mistaken about the shuffling part. The shuffle only happens after a certain percentage (50 or 75) of the 8 decks have been dealt. There is typically a line on the shoe that shows them how far to deal before the next shuffle. Until the shuffle, you can count the cards that have been dealt, and do the statistics in your head to try to beat the system.