Posts Tagged ‘Alfred Butts’

  • Scrabble Z

    Market Bubbles: “Pricing” Scrabble Letters

    Jan 18, 13 • 208 Views • Behavioral Economics, Demand, Supply, and Markets, Economic History, Economic Humor, Innovation, Labor, Thinking EconomicallyNo Comments

    Just like technology stocks during the late 1990s or housing in 2006, the Scrabble letter Z might reflect a market bubble. The “price” of a Z is 10 points. However, one (Scrabble) researcher suggests it is really worth 6. Here is the story. During