Posts Tagged ‘demand’

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    Super Bowl Economics

    Feb 2, 12 • 311 Views • No Comments

    The least expensive Super Bowl weekend in Indianapolis might cost close to $6248. That means you purchased a “nosebleed” seat for $2100 from StubHub, your coach airfare from NY or Boston was $1379 instead of the usual $400, and you are paying...  [read more]

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    Movie Tickets

    Jan 5, 12 • 1341 Views • No Comments

    Should you pay more to see a blockbuster film during the Christmas holidays when movie going peaks? Less for an obscure foreign film? More on Saturday and at 7 pm? Less on Tuesday and 11 am? The issue is variable pricing. In this paper, several researchers...  [read more]

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    Presidential Futures

    Jan 2, 12 • 226 Views • No Comments

    The prices of buy and sell contracts for the Republican presidential candidates in Iowa provide a good history of the beginning of the primary race. Romney contracts (max of $1) on the first and last day of each month since September 1 were: September:...  [read more]

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    The Good Life…For Cows

    Dec 31, 11 • 218 Views • No Comments

    I suspect that the life of a cow producing organic milk got better last June. For their owners, though, business surely became more complicated. According to a new USDA rule, any milk labeled organic now has to come from a cow that spends much more time in...  [read more]

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    Domestic Work

    Dec 27, 11 • 219 Views • No Comments

    What do drip dry clothing, take-out food, dog walkers, dishwashers, dry cleaners, and dusty ceilings have in common? A servant shortage. Currently, Brazil has less household help because of economic growth. Low income women who had worked and lived in the...  [read more]