An early version of this was posted to my Autos and Economics blog in August 2013. Economics helps explain disarray in politics, at least politics…
Author: Mike
Prof of Economics, Wms School of Commerce, Washington and Lee University, Lexington VA
“Understanding the Consumption Behaviors on Electric Vehicles in China – A Stated Preference Analysis.” Libo Wu, Changhe Li, Haoqi Qian and ZhongXiang Zhang. School of Economics, Fudan…
Geoff Riley has a post with videos analyzing the UK market for gasoline as reflecting price leadership. See the original for several related video clips.…
We’ll being a segment on franchising in a week or so. Here’s a neat NPR interview with Francine Lafontaine (as part of a longer story);…
from Brewers Association US Breweries Operating as of June 2013 Brewpubs 1,165 Microbreweries 1,221 Regional Craft Breweries 97 Total US Craft Breweries 2,483 Large Non-Craft…
Matt Yglesias of Slate Moneybox makes the following interesting claim regarding Consumer Surplus:
Ronald Coase passed away at age 102. While I never met him, my own research at Yale (and Hitotsubashi University and University of Tokyo) was influenced by his thinking about why firms exist and where their boundaries lie. That ultimately resulted in a book Competitive Ties (Columbia University Press, 1991) on automotive parts suppliers in Japan and how assemblers structured transactions.
Bloomberg reports [link here] that the creator of Sam Adams beer – a brand of Boston Beer Company – is now a billionaire.
As industrial organization economists, what however is “beer”?