Economics

Your Customer's Customer

Posted by on February 4, 2011 at 5:40 am

The economics of content. Way back in another lifetime there was a great music publisher by the name of Lou Levy. Lou had a lot of great sayings, that I believe he originated. His son, Leeds, used to toss these sayings out from time to time to make a point. One of them was, “There […]

Provenance

Posted by on June 10, 2010 at 6:51 am

I wrote a week ago about buying Belgian chocolate, and talking to the chocolatier and finding out about what goes into the average chocolate bar. We all know about the Chinese milk scandals involving replacing milk solids with melamine. If you go to your local supermarket and buy garlic, you will probably find that it […]

Invoking Schumpeter

Posted by on April 17, 2010 at 1:58 am

In the last couple of days I have been involved in meetings with two fairly substantial companies on behalf of a client. Both publicly listed, one is a manufacturing company that has a large slice of the market in Australia for its products (Company 1). The other is a company that is a relatively new […]

Empathy And The Common Good

Posted by on March 27, 2010 at 10:46 pm

We are living in a constantly changing world. More of those changes are taking place than we have ever experience before, and for some reason people are shocked by much of the change. But we shouldn't be. Much of what is taking place should not really be surprising, because it is largely predictable. All this […]

The Hunt for Billy Joel and GAME-ON-DUDE

Posted by on March 23, 2010 at 5:19 pm

  OR <?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” />  Why the Music Industry is Losing Money…..   Whilst researching statistics for an article I am doing, I came across a little historical gem.   The first CD ever issued back in 1982 was “<?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />52nd Street” by Billy […]

Slow Revolutions are better than overnight Coups.

Posted by on February 26, 2010 at 12:52 am
image

In 1993, I wrote a paper entitled, How Ubiquitous Free Communication will Alter the Status Quo.   I noted that because of electronic chat rooms [Prodigy, AOL and Compuserve] as more women became enamoured of the connectivity options available to them via a ubiquitous global network, that the divorce rate would rise dramatically.   I […]

Imagine downloading 85 movies a minute.

Posted by on February 11, 2010 at 10:48 pm
image

Can’t be done say the experts.   Well what if a company was going to build out a 1 GB  per second internet backbone that would allow you to do so?   Google yesterday announced their intention to do just that. On their Blog at Think big with a gig: Our experimental fiber network they […]

Peter Drucker – Management and Marxism

Posted by on February 9, 2010 at 6:54 am

I have been doing some research. It started with me wanting to find out a bit about what Peter Drucker, the world famous management guru, had been doing in Frankfurt before he left Germany. This was as a result of an idea I had for a story built around an anedcote about Peter Drucker that […]

The Calculation of the Currency of Hedonism.

Posted by on February 3, 2010 at 1:16 am
image

This is the third article in this series entitled: The Economics of Video Entertainment Part 1 Here Part 2 Here   For the last couple of days I’ve been leading up to talking about the individual value proposition as to why people purchase, watch, read or listen to certain types of content.   Hedonic pricing […]

The ED2K Networks disagree with Nielsens or "Koltai’s method of TV ratings"

Posted by on February 1, 2010 at 11:37 pm
image

This is Part II in a series of articles entitled: The Economics of Video Entertainment   In yesterdays article,  I commented that :   At Perceptric, we have commenced an attempt at applying our P2P Value method against the relatively new science of hedonic valuation. Early results have enabled us to see patterns that are […]