The article was about price discrimination, coke machines that change prices on a hot day, coke machines that are priced higher because of location in the Ritz lobby (or a lower price in an old folks home), and your Coke machine that collected personal info to set prices are all examples of price discrimintation. Each describes price discrimiation to a different degree. Incidentally, this isn't just a soak the rich thing, price discrimination is about extracting the value derived from the good or service. There could be goods that go up in value regarless (or even inversely to income). At that point pricing becomes much more tied to game theory, as individuals seek to benefit from the rules of the system, witness the use of two round trip tickets to save money on a single (identified as high value user) ticket.
I would have summarized the article as one aobut the legal and social structures and beliefs that that limit an organization's ability to price discriminate, and found it ironic that prices for freight shipped increased after price discrimination was eliminated (after falling during much of the outcry period).
Actually, perfect price discrimination (everyone pays their exact marginal value for the product) and perfect competition are the only ways to met everyone's needs without losses. In one all the benefits flow to the producer in the other all of the benefits flow to the consumer. In both cases no one gets screwed, but the first goes against our human belief of fairness.
Verizon is actually slightly bigger than SBC, but both dwarf the music divisions of the media companies (in profit terms and valuation, if not revenue terms).
The bell's are little more than a billing department, and lobby organization. They were regulated monopolies, which means their prices and profits were limited by the government and they had a huge interest in the government's actions and decisions than most companies. The bell's are a very powerful, but more quiet lobby.
Insurance is like a casino, it's priced so the house (the insurance company) wins. However, unlike a casino it can be an excellent purchase. If the potential loss would be catastrophic buy the insurance, if not skip it and take the chance. If my house burns down or I am involved in an accident with injuries it would be a catastrophic loss, and I have insurance for those incidents. If my prior 10 year old car was in an accident, I could have afforded another one, so I saved the collision premium. The level of where a potential loss is worth the insurance is something you should decide, in general consumer good insurance is a bad idea since the cost of a new good is something you can afford, but laptops are right at the border of what is worth buying and not worth buying. For your situation it would depend on income, and your willingness to substitute a lower priced computer if you skip the insurance.
It's pretty much standard operating proceedure for Washington to sell power to California every summer, its just that that summer the water level was too low which added to the price boosts. I don't think transmission line losses are too great along the west coast.
Why do you prefer 2000 to XP. I'm still using it myself, and agree with all your statments, but have heard that XP supports more software and hardware than 2000.
No, you'll do your best imitation of Coca-Cola and never tell anyone how your factory is so much more efficient. Only a few people would ever see invention X and even fewer would see enough of it to replicate it outside of your walls. Then no one else ever benefits from your development. At least with patents, after 17 years the rest of us can use your innovation.
The only reason that OpenOffice and Mozilla exist as open source is that big companies bought the source, and released it but continued to pay developers to make it better in an effort to kill Microsoft's power bases. I don't think those sorts of efforts could be duplicated by a team of coders who never get paid.
I don't think it would be easy, but almost anything is possible if you have enough money, and you have the trust of the investment community, for whom money is no real object. I hadn't thought about foreign governments getting involved, which they would be if it looked like MS was trying to avoid a huge lawsuit settlement.
Actually 30 Billion buys sony. It would take another 26 to get Phillips, too. Together with the acquisition premium you would need atleast $70 billion. However, these things can be financed and usually at pretty competitive rates. Neither company has enough insider holdings to make a mess of things, unless they have super voting stock.
Happily there are a few investors savy enough to realize these things, that's why Sony and Phillips bought this company for a half a billion, and SCO is still public (meaning that noone belives they have enough of a case to buy them out).
I was talking about hard money fundraising, sorry about the lack of context. On that count it was a pretty wide margin, and Bush had to deal with a whole slate of challengers in the primary, I really don't understand it, but the guy is very adept at getting rich people to write non-tax deductible checks.
Re:Plastic doesn't truly recycle well
on
Japan's War On E-Waste
·
· Score: 2, Informative
Plastic is a long carbon chain, as the material undergoes the heat and other processes associated with recycling, the ends of the chain are broken off and a shorter chain results. The longest polymers (I think these are the harder plastic, but I'm not a chemical engineer) can be reused as shorter ones until they are too short to be useful. Shorter polymers (milk cartons and soda pop bottles) are generally not recyclable into other useful plastics and end up being reused in their current form. I think there was a company working on adding them to road materials with the idea that they would be an alternate filler, like gravel.
Actually it's too dry to break down. Most of the stuff just sits there waiting for the cost of extracting the raw materials to drop enough to justify that use for them. It is still much cheaper for almost all materials, except aluminum, to be recreated rather than recycled. As technology improves this will change and there will be huge demand for old landfils which will be the next strip mines.
Slashdot Mirror
White box versus branded, OEM and retail are all methods of legal price discrimination, and all of them are used by electronic shops.
The article was about price discrimination, coke machines that change prices on a hot day, coke machines that are priced higher because of location in the Ritz lobby (or a lower price in an old folks home), and your Coke machine that collected personal info to set prices are all examples of price discrimintation. Each describes price discrimiation to a different degree. Incidentally, this isn't just a soak the rich thing, price discrimination is about extracting the value derived from the good or service. There could be goods that go up in value regarless (or even inversely to income). At that point pricing becomes much more tied to game theory, as individuals seek to benefit from the rules of the system, witness the use of two round trip tickets to save money on a single (identified as high value user) ticket.
I would have summarized the article as one aobut the legal and social structures and beliefs that that limit an organization's ability to price discriminate, and found it ironic that prices for freight shipped increased after price discrimination was eliminated (after falling during much of the outcry period).
Actually, perfect price discrimination (everyone pays their exact marginal value for the product) and perfect competition are the only ways to met everyone's needs without losses. In one all the benefits flow to the producer in the other all of the benefits flow to the consumer. In both cases no one gets screwed, but the first goes against our human belief of fairness.
Verizon is actually slightly bigger than SBC, but both dwarf the music divisions of the media companies (in profit terms and valuation, if not revenue terms).
The bell's are little more than a billing department, and lobby organization. They were regulated monopolies, which means their prices and profits were limited by the government and they had a huge interest in the government's actions and decisions than most companies. The bell's are a very powerful, but more quiet lobby.
Insurance is like a casino, it's priced so the house (the insurance company) wins. However, unlike a casino it can be an excellent purchase. If the potential loss would be catastrophic buy the insurance, if not skip it and take the chance. If my house burns down or I am involved in an accident with injuries it would be a catastrophic loss, and I have insurance for those incidents. If my prior 10 year old car was in an accident, I could have afforded another one, so I saved the collision premium. The level of where a potential loss is worth the insurance is something you should decide, in general consumer good insurance is a bad idea since the cost of a new good is something you can afford, but laptops are right at the border of what is worth buying and not worth buying. For your situation it would depend on income, and your willingness to substitute a lower priced computer if you skip the insurance.
Sounds just like mine, was kinda fun all things considered, and the interviewer had a nice relaxing voice.
Perhaps you could share your voting technology with Dade county. They still don't seem to get it.
That asprin factory was full of terrorists, they were just invisible.
It's pretty much standard operating proceedure for Washington to sell power to California every summer, its just that that summer the water level was too low which added to the price boosts. I don't think transmission line losses are too great along the west coast.
A good pima cotton (or linen) will hold up much better than it appears it should.
Our office is shirt and tie (no tie fridays was just begun) and I wear a suit/sportcoat about monthly for boardmeetings, but I work in finance.
His record as the perfect critic continues to hold, I just have to do the opposite of what he says and I haven't been let down yet.
It's not that hard you just need a big box and a big hole.
Why do you prefer 2000 to XP. I'm still using it myself, and agree with all your statments, but have heard that XP supports more software and hardware than 2000.
No, you'll do your best imitation of Coca-Cola and never tell anyone how your factory is so much more efficient. Only a few people would ever see invention X and even fewer would see enough of it to replicate it outside of your walls. Then no one else ever benefits from your development. At least with patents, after 17 years the rest of us can use your innovation.
That was one of the best posts I've ever read here. Wish I had a mod point.
If voting were like slashdot
Ladies and Gentlemen... THE PRESIDENT OF THE UNITED STATES... the Goatse guy.
The only reason that OpenOffice and Mozilla exist as open source is that big companies bought the source, and released it but continued to pay developers to make it better in an effort to kill Microsoft's power bases. I don't think those sorts of efforts could be duplicated by a team of coders who never get paid.
I don't think it would be easy, but almost anything is possible if you have enough money, and you have the trust of the investment community, for whom money is no real object. I hadn't thought about foreign governments getting involved, which they would be if it looked like MS was trying to avoid a huge lawsuit settlement.
Actually 30 Billion buys sony. It would take another 26 to get Phillips, too. Together with the acquisition premium you would need atleast $70 billion. However, these things can be financed and usually at pretty competitive rates. Neither company has enough insider holdings to make a mess of things, unless they have super voting stock.
Happily there are a few investors savy enough to realize these things, that's why Sony and Phillips bought this company for a half a billion, and SCO is still public (meaning that noone belives they have enough of a case to buy them out).
I was talking about hard money fundraising, sorry about the lack of context. On that count it was a pretty wide margin, and Bush had to deal with a whole slate of challengers in the primary, I really don't understand it, but the guy is very adept at getting rich people to write non-tax deductible checks.
Plastic is a long carbon chain, as the material undergoes the heat and other processes associated with recycling, the ends of the chain are broken off and a shorter chain results. The longest polymers (I think these are the harder plastic, but I'm not a chemical engineer) can be reused as shorter ones until they are too short to be useful. Shorter polymers (milk cartons and soda pop bottles) are generally not recyclable into other useful plastics and end up being reused in their current form. I think there was a company working on adding them to road materials with the idea that they would be an alternate filler, like gravel.
Actually it's too dry to break down. Most of the stuff just sits there waiting for the cost of extracting the raw materials to drop enough to justify that use for them. It is still much cheaper for almost all materials, except aluminum, to be recreated rather than recycled. As technology improves this will change and there will be huge demand for old landfils which will be the next strip mines.