I explore why Starbucks hides a cheaper, high-quality coffee option to maintain price discrimination. It demonstrates how firms with significant market power deliberately make their lower-priced products less appealing to maximize total profit.
I'm documenting ongoing interactions between unsuspecting AOL users and AOLiza, a simple chatbot. These transcripts, like a desperate conversation with a Starbucks employee, capture the strange and often poignant ways people open up to automated programs.
I investigated why a fan manufacturer's fixed wholesale pricing failed and discovered a secondary market in Lohar Chawl. Wholesalers used inventory bartering, territory poaching, and smuggling to bypass restrictions, showing how difficult it is to control free markets.
I shared a link to Bottom Line, a Corante blog dedicated to the economics of information technology. It provides specialized commentary and analysis on the financial aspects and market trends within the IT sector.
I built an interactive movie quote quiz where you guess titles from IMDb. I used JavaScript’s onKeyUp event to validate entries against encrypted answers, instantly updating the score and background colors for correct guesses.
I reflect on how fear drives the creation of bloated, unread consulting proposals. By admitting ignorance and prioritizing brevity, I argue that "less is more" actually preserves focus and prevents the professional stagnation caused by corporate fluff.
Comments
Dhar11 Jan 2006 10:28 am:
This was so damn interesting!
ritzkini12 Jan 2006 6:14 am:
“The more market power firms have, the less attractive they make the cheaper products.” I can think of N Marketeers in India doing this !
Madhu13 Jan 2006 11:10 am:
Interesting to compare this with the Bottom of the Pyramid concept of CKP.
Comments