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Posts Tagged: “Pricing“
The Many Costs of Public Control of Water Rights
Although water rights are often used as the poster child of the need for government intervention, the private market actually presents many compelling solutions for their allocation. State control of water rights, while compelling, actually presents many unseen costs and damages the efficient allocation of one of the necessities of life. Clear ownership frameworks and […]
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Doomsday Policy and Dirty Ticket Pricing
What can dubious pricing strategies of airlines in the 1990s teach us about the dynamics of the U.S. government? The Airline Tariff Publishing Company (ATPCO) allowed airlines to post their prices online long before the airlines actually had to commit to offering those prices to consumers. This was supposed to allow freedom of information on […]
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