Wednesday, November 19, 2014

Price discrimination on airplanes

This screenshot is a great example of price discrimination.

Monday, November 17, 2014

Supply and demand in action in the chocolate market

This article from the Washington Post reports that the supply of chocolate has decreased, the demand for chocolate is increasing, and *surprise, surprise* the price of chocolate in increasing.

Friday, November 14, 2014

Hachette and Amazon reach agreement

This article in the NYT reports that Hachette and Amazon reached agreement on terms. Details are fuzzy.

See this earlier post for more details.