@NZComCom’s petrol pricing report is an ode to the structure-conduct-performance (SCP) paradigm of decades and decades gone by
21 Aug 2019 Leave a comment
in Armen Alchian, economics of bureaucracy, history of economic thought, industrial organisation, law and economics, politics - New Zealand, Public Choice, Ronald Coase Tags: competition law
If so, you wonder how @NZComCom explains the survival of: legacy media, dot.com industries, MySpace, Yahoo, Uber, airlines and new or high fixed cost industries. More on that later
21 Aug 2019 Leave a comment
in entrepreneurship, industrial organisation, politics - New Zealand, survivor principle, theory of the firm Tags: competition law
Armen Alchian and Kenneth Arrow on labour market shortages or when the nouveau riche priced the old rich out of household servants
27 Jul 2019 Leave a comment
in applied price theory, Armen Alchian, labour economics, labour supply
From https://www.rand.org/pubs/research_memoranda/RM2190.html
An Economic Analysis of the Market for Scientists and Engineers by Armen Albert Alchian, Kenneth Arrow, William M. Capron
Steven N.S. Cheung has his doubts about the most famous parable about the theory of the firm
08 Jul 2019 Leave a comment
in applied price theory, entrepreneurship, history of economic thought, industrial organisation, labour economics, labour supply, managerial economics, occupational choice, organisational economics, personnel economics, property rights, theory of the firm Tags: China
Friedrich Hayek and James Buchanan: Pattern Prediction and Scientism
16 Jun 2019 Leave a comment
in Armen Alchian, Austrian economics, F.A. Hayek, history of economic thought Tags: philosophy of science
Why Are Some Companies Efficient While Others Are Not?
10 Jun 2019 Leave a comment
in industrial organisation, survivor principle, theory of the firm
David D. Friedman | Market failure
22 Apr 2019 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, constitutional political economy, David Friedman, economic history, economics of bureaucracy, economics of crime, economics of regulation, entrepreneurship, environmental economics, Gordon Tullock, income redistribution, industrial organisation, international economics, law and economics, personnel economics, property rights, Public Choice, public economics, rentseeking, survivor principle, theory of the firm Tags: market failure
Ronald Coase’s Theory of the Firm and the Family
05 Mar 2019 Leave a comment
in applied price theory, comparative institutional analysis, economics of information, economics of love and marriage, law and economics, property rights, Ronald Coase, theory of the firm Tags: marriage and divorce
Ronald Coase speaking about George Stigler’s Coase Theorem
03 Mar 2019 Leave a comment
in applied price theory, comparative institutional analysis, economics of regulation, environmental economics, history of economic thought, law and economics, public economics, Ronald Coase, Ronald Coase Tags: Coase theorem
Demsetz on market socialism
17 Feb 2019 Leave a comment
in applied price theory, comparative institutional analysis, entrepreneurship, financial economics, industrial organisation, Marxist economics, property rights, survivor principle, theory of the firm Tags: economics of socialism
Pirates & the Theory of the Firm – Intro to Political Economy, Lecture17 Mike Munger
10 Dec 2018 Leave a comment
in applied price theory, comparative institutional analysis, economic history, economics of crime, entrepreneurship, human capital, industrial organisation, labour economics, law and economics, managerial economics, occupational choice, organisational economics, personnel economics, property rights, survivor principle, theory of the firm Tags: asymmetric information, moral hazard, transaction costs
Friedrich von Hayek and Armen Alchian Part I
11 Oct 2017 Leave a comment
in Armen Alchian, F.A. Hayek Tags: Armen Alchain
Utopia, you are standing in it! 
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