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Comment: Re:Zero cost copying (Score 2, Informative) 107

by bloobloo (#33126024) Attached to: Connecticut AG To Grill Amazon, Apple Over E-Book Price Fixing

Most Favoured Customer clauses are well known in economics to be a sign of a cartel.

Most-Favored-Customer Pricing and Tacit Collusion
Thomas E. Cooper
The RAND Journal of Economics, Vol. 17, No. 3 (Autumn, 1986), pp. 377-388

Abstract:

This article examines the role of the most-favored-customer pricing policy as a practice facilitating coordination in a dynamic model of price-setting duopoly. This policy is a promise by a firm that if it later lowers price, it will rebate to current customers the difference between the price they pay now and the lower future price. by reducing each firm's incentive to reduce price, the policy enables both firms to offer higher prices and to enjoy higher profits. Consequently, at least one firm offers the policy in equilibrium. We illustrate these general results in an example.

Comment: This won't work (Score 1) 197

by bloobloo (#31072456) Attached to: Google To Challenge Facebook Again

Individually, Google's projects are mostly very interesting. But they don't work together. I have to set pictures separately for Picasa Web Albums, and a google profile, for example. Some settings must be configured in each project, while others are common across all of them, but it's hard to know which is which, and indeed where to find out where to make changes.

Before trying to go for something as ambitious as rivalling Facebook, they should improve integration and consistency between their projects. Not saying that it is too ambitious - if anyone has the skills to do it, Google has.

MATH AND ALCOHOL DON'T MIX! Please, don't drink and derive. Mathematicians Against Drunk Deriving

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