tag:blogger.com,1999:blog-8261438457608174618.post531440420454056610..comments2023-05-12T16:41:08.754+08:00Comments on Forecast Error: Only in AmericaCCLuhttp://www.blogger.com/profile/08569770663341206042noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8261438457608174618.post-72753121455102913182010-06-01T20:25:14.682+08:002010-06-01T20:25:14.682+08:00I see. So I should wait a little before start writ...I see. So I should wait a little before start writing a business plan and see if it can attract venture capital楊大寶https://www.blogger.com/profile/04692847628587763718noreply@blogger.comtag:blogger.com,1999:blog-8261438457608174618.post-69176728400258462010-05-27T22:52:19.711+08:002010-05-27T22:52:19.711+08:00The movie industry has done just that. They can wr...The movie industry has done just that. They can write futures contracts on box office turn-outs so producers are able to hedge their investment risks.<br /><br />Baseball managers should be able to do that. In fact, with insurance companies so reluctant to insure long term deals, there should be a market for that. However, given the direction of the financial overhaul bill is moving, this could only be an idea.Anonymoushttps://www.blogger.com/profile/00259645025870554878noreply@blogger.comtag:blogger.com,1999:blog-8261438457608174618.post-58894245207068473712010-05-27T18:29:51.308+08:002010-05-27T18:29:51.308+08:00I actually have a business idea after reading your...I actually have a business idea after reading your reply. So it is possible to create a future exchange where the future contract are derived from MLB's team performance and individual player performance. And this future market can be privatized.<br /><br />Do you think this can be a profitable business idea?楊大寶https://www.blogger.com/profile/04692847628587763718noreply@blogger.comtag:blogger.com,1999:blog-8261438457608174618.post-81823318193060879902010-05-24T10:11:40.287+08:002010-05-24T10:11:40.287+08:00Sure you can privatize it, you can privatize anyth...Sure you can privatize it, you can privatize anything as long as you find a "profitable" business model.<br /><br />In Iron Man's case, Stark has money to burn so he doesn't care how he gets paid off. He's not the only one, NYC mayor Bloomberg does the same thing in the real world.<br /><br />Or he can profit from his fame, which we can see from the limited fragments of the trailer. This is a potential gold mine.<br /><br />Some super heroes do not need to spend a lot of money to fulfill their tasks, such as Super Man and Spider Man. Though the latter does struggle to make ends meet, they don't have a huge maintenance fee or depreciation to take care of. <br /><br />Bat Man and Iron Man use another model, they can afford the expense and they can maximize their own utility by doing good. In the end, it's how you max your utility matters, not how you max your wealth. We often consider these two are the same in some economic models, but they are not always the same.<br /><br />If we broaden the scope of a "profitable" business model in the super hero case to how they manage to max their utility, it all makes sense.CCLuhttps://www.blogger.com/profile/08569770663341206042noreply@blogger.comtag:blogger.com,1999:blog-8261438457608174618.post-24521998583995048912010-05-23T15:43:07.720+08:002010-05-23T15:43:07.720+08:00Can a non-rivalrous and non-excludable public good...Can a non-rivalrous and non-excludable public good be privatized?楊大寶https://www.blogger.com/profile/04692847628587763718noreply@blogger.com