Monday, October 13, 2014

Jean Tirole Nobel Laurautte

Jean Tirole is the newest Noble Laureate in Economics.  Much of his work revolves around Industry Analysis and there are a number of articles from the Economist you can read at the end of the link above.

Tuesday, September 30, 2014

State Taxes and Competitive Balance

As we learn in Sports Economics, some of the usual suspects as to why sports leagues are competitively imbalanced do not hold up to theoretical or empirical analysis.  While this article is not that strong on empirical analysis, it does conclude that differences in US State Income taxes do not affect competitive balance.

Saturday, September 20, 2014

Various Pricing Strategies

In class I have been talking about various pricing strategies that firms use ultimately to increase their profits or to meet some other objective (such as entering a new market).  Here is a (incomplete) list of pricing strategies and some additional details on some of them.