Posts Tagged ‘incentive’

  • Graduation_Cap_and_Gown_1

    Human Capital: A Student Loan Crisis?

    Jul 14, 13 • 772 Views • No Comments

    1. During the great recession, student debt increased. 2. Consequently, student loan delinquencies went up. 3. But graduates are benefiting from their degrees. 4. For one type of a federal student loan held by close to 10 million people, the congressionally...  [read more]

  • Dynamic Pricing for Tickets Displays the Power of Prices

    Elasticity: Concert Tickets

    Jun 5, 13 • 1448 Views • No Comments

    At 9 A.M. during the first minute of the first day that tickets go on sale for a concert, have you ever experienced a constant busy signal or no access to the website? The reason might be the price of the ticket. Pascal Courty, an economist who has studied...  [read more]

  • profits...productivity..15800_8.3_000005470397XSmall

    Labor Productivity: Google

    Mar 17, 13 • 643 Views • No Comments

    I suspect the whole Yahoo inspired debate about whether we work at home or at the office is taking us in the wrong direction. Instead, I started thinking about what author Daniel Pink suggests in Drive. Discussing incentives, he says that once we are...  [read more]

  • Nutella Open Jar

    Demand and Supply: A Columbia Dining Hall

    Mar 9, 13 • 1162 Views • No Comments

    The Nutella-gate crisis at Columbia University is classic demand and supply. First the facts… A “creamier-than-peanut-butter, chocolate hazelnut spread from Italy, …” Nutella had been served in crepes on weekends at Columbia’s...  [read more]

  • Industries afflicted with Baumol's Disease have slower productivity growth.

    The Price System: Health Care

    Mar 5, 13 • 368 Views • No Comments

    The price system is rather amazing. Please imagine for a moment that you heard a gallon of gasoline was $1.50. First you would think, “cheap!” Then you might rush to fill your tank. Or, told that a diamond ring was $50, you might not buy it. Price...  [read more]