Posts Tagged ‘marginal analysis’

  • vintage cup holder

    Innovation: The Cup Holder

    Jul 20, 13 • 793 Views • No Comments

    Steve Jobs once said, “It’s not the consumers’ job to know what they want.” I suspect that automakers were thinking like Steve Jobs when they gave us the cup holder. The story of the cup holder begins in 1950: A tough device to perfect, the cup......  [read more]

  • NYC Taxicabs, Tips and Credit Cards

    Marginal Analysis: How Much to Tip?

    Jun 7, 13 • 378 Views • No Comments

    On Wednesday, I entered a cab on 55th Street near 5th Ave. in NYC. Although I was going to 30th St., the driver proceeded west and then north because it was illegal to make a left onto 5th and head south. Trying to make a right on 6th, a right on 56th and......  [read more]

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    Marginal Analysis: The Math of the Movies

    May 8, 13 • 1219 Views • No Comments

    During an interview at the Nantucket Film Festival last summer, film writer/director Nancy Meyers (It’s Complicated and Something’s Gotta Give) said she was having a tougher time getting scripts approved. It was apparent that she preferred the......  [read more]

  • 19th Century Urban Transport Was An Environmental Problem

    A Pollution Tale With 2 Happy Endings

    Aug 10, 12 • 396 Views • No Comments

    Sometimes green incentives can have unintended consequences. Our story begins in an airport. About to board a flight, an environmentally concerned individual purchases “carbon offsets.”  Yes, that flight will pollute the air but the offset could......  [read more]

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    Starbucks and the Clover

    Sep 15, 10 • 356 Views • No Comments

    I just had a Starbucks grande coffee from their $11,000 Clover coffee machine. It was very good. Because the Clover makes individual cups, Starbucks can let the customer choose the bean. More choice, elite beans, and you have a recipe for higher prices.......  [read more]