oli5679

50 ms·

481.
by oli5679 10y ago
Can someone articulate the theory of harm here from an antitrust perspective? This practice is essentially bundling, which is practiced by many firms, from meal deals at fast food chains to Amazon's free streaming content with a prime
482.
by oli5679 10y ago
Yes, but it's an interesting question as to how externalities should be evaluated and corrected for. Should it be legislated by the Indonesian government, or enforced by public pressure on the companies/their lenders and suppliers
483.
by oli5679 10y ago
From an antitrust perspective, predatory pricing is only a violation under EU/US law if firms are pricing below marginal cost. That's not to say Uber might not be pursuing a predatory strategy, but that it falls within both jurisd
484.
Leaf blowers – the Devil's Hairdryer(citylab.com)
2 points by oli5679 10y ago|0 comments
485.
by oli5679 10y ago
Another way of thinking about this is marginal value. Imagine a world where person X has a heart attack and the next best person qualified to do their job steps in and paid their wage demands. The fall in social benefits less change in wage
486.
by oli5679 10y ago
A good solution would be for government to offer large rebates to farmers purchasing this as feed (ideally whilst reducing some other farming subsidy like CAP). Farmers would have an incentive to use, there shouldn't be large monitorin
487.
by oli5679 10y ago
Ok so explain that process without hand waving then! There are plenty of cases of bundling that are 1) Allowed to operate under scrutiny of competition authorities 2) Can be theoretically/empirically justified on efficiency grounds. Th
488.
by oli5679 10y ago
Antitrust is designed to protect consumers, not downstream firms. Restraints on trade are only illegal if they are 'unreasonable' in the sense that they are viewed as likely to lead to long-run harm for consumers. To some extent,
489.
by oli5679 10y ago
Can someone articulate the theory of harm here? How would consumers be worse off than in the counterfactual world where this practice is banned?
490.
by oli5679 10y ago
Context - Possibly the most widely cited and influential economist on topic of assessing the labor market impact of immigrants.
491.
Some Advice for President-Elect Trump on Immigration Policy(gborjas.org)
1 points by oli5679 10y ago|1 comments
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by oli5679 10y ago
This is really interesting. One solution would be social norms expressing scepticism towards pundits that made bold claims without publicly placing a large bet corresponding to the position.
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Progress Isn't Natural(theatlantic.com)
2 points by oli5679 10y ago|1 comments
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by oli5679 10y ago
To me, this seems closer to Arrow's Learning by Doing theory. He had the quite intuitive idea that unit costs fall with total historic output and found some empirical evidence for this with statistics from world war 2 factories. The fu
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The coalition for diversity whose diversity did diversity just win?(marginalrevolution.com)
3 points by oli5679 10y ago|0 comments
496.
by oli5679 10y ago
Can also mean 'managing director' in finance and other fields
497.
by oli5679 10y ago
Can someone explain a bit more about this project?
498.
by oli5679 10y ago
How do you time it to avoid the eventual correction?
499.
by oli5679 10y ago
That's the definition of a bubble - asset detached from fundamental value.
500.
by oli5679 10y ago
Lots of the tasks carried out in offices are not technical enough to suffer from the issues you correctly identify after a given hurdle. I work as an economist in a government department, and a lot of the analysis involves ad-hoc projects p
501.
by oli5679 10y ago
The entire conversations with Tyler series is great. He makes an effort to ask slightly unconventional questions and doesn't show off. Previous guests include Erza Klein, Peter Thiel, Jonathan Haidt and Nate Silver. https://
502.
The Irrational Downfall of Park Geun-Hye(askakorean.blogspot.com)
2 points by oli5679 10y ago|0 comments
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New RCT on guaranteed annual income(marginalrevolution.com)
1 points by oli5679 10y ago|0 comments
504.
by oli5679 10y ago
These is a clear and balanced assessment of the pros and cons of pursuing a career in the arts: https://80000hours.org/career-reviews/pursuing-fame-in-art-a...
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by oli5679 10y ago
Talk is cheap! The market price of assets and their derivatives should normally be more informative than financial market chatter. The offers a strong incentive for accuracy, the second rewards rhetoric and decisiveness over nuance and caut
506.
by oli5679 10y ago
Seems to be a negative response to this deal re competitive implications. Can someone outline their theory of harm? I do some work in competition economics but am not American and don't know a lot about either company?
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Japan’s koseki system: dull, uncaring but terribly efficient(japantimes.co.jp)
2 points by oli5679 10y ago|0 comments
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by oli5679 10y ago
Irrational optimism and self confidence can be really helpful...
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How to Cut Cake Fairly and Finally Eat It Too(quantamagazine.org)
4 points by oli5679 10y ago|0 comments
510.
Missing Maps: Putting the World's Vulnerable People on the Map(missingmaps.org)
1 points by oli5679 10y ago|0 comments

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