Archive for the 'economics' Category

Text Messaging is a Ripoff

Monday, December 29th, 2008

The mobile phone carriers are some of the worst offenders of monopoly power. Case-in-point is the pricing of the text messaging system. A recent New York Times article explores it in some detail - but I don’t think they go quite far enough. Consider that the average per-message cost (assuming you don’t [...]

Star Wars Saga Edition (P)review

Friday, May 4th, 2007

I heard about the upcoming revision to the Star Wars Role-Playing Game, Saga Edition a while ago, and my first reaction was to groan in annoyance at the money-grubbing materialism of the publisher. I own both the original and revised editions of d20 Star Wars, and while both have their high points, I really [...]

Irrationality and Fairness

Wednesday, April 11th, 2007

The Ultimatum Game is a demonstration of either human irrationality or an inherent desire for “fairness.” While I would like to believe that, were I the responder, I would choose rationally to accept any non-zero sum offered, I don’t think that would be the case. In thinking about my choice, I would undoubtedly [...]

Rent Seeking of the Worst Sort

Wednesday, November 29th, 2006

Apparently there is no boundary to the inanity of the MPAA. They’re currently lobbying a bill that would require end users to register any “home theater system.” The reason? Just by purchasing a DVD, we don’t actually have the right to invite our friends over to watch it. Correct me if [...]

Rental Ripoff

Thursday, May 4th, 2006

During my recent business trip, we decided to rent an SUV to help haul all the various computer paraphenalia. As the senior tech on the trip, I was responsible for acquiring said rental, which brings us to the crux of the post. Hertz has two options for purchasing fuel. The first option [...]