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Home/ EconM2015 September 2013/ Contents contributed and discussions participated by David Weiss

Contents contributed and discussions participated by David Weiss

David Weiss

Oil Industry Seriously Harming Amazon Rainforest - 1 views

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    This article from the guardian retells the UN's findings of how the oil industry (which operates on common access resources) is harming the Amazon (another common access resource)
David Weiss

Chinese Girl Gets Cancer due to Pollution - 2 views

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    An 8-year old Chinese girl is now a cancer patient due to pollution. Through heavy industry and a large amount of transport by rail, car, and plane, pollution has reached levels at which it poses a health risk to the population.
David Weiss

National Institute of Health rejects government price controls. - 1 views

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    The NIH are against government price controls and for the third time in a row had to reject the governments aid, as it would be against the law if the government did aid the NIH. The government wanted to fund drugs essential to specific and vital purposes.
David Weiss

Chicago Increases Cigarette Taxes to Compensate for Financial Shortcoming - 0 views

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    The mayor of Chicago, USA, Rahm Emanuel, wants to place a specific tax on cigarette packs, 75c per unit more than before. Though he sais he is doing it in the city's best interest: to have more city funds available for low-income children with vision problems, and other projects that require funding.
David Weiss

Xbox One is not expected to be profitable at first - 0 views

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    This article describes the launch plans and the Xbox marketing chief's opinions on the profits made shortly after the launch in late November. He sais that even though all pre-orders have been sold out, due to the production, marketing, and development costs, there will be a very low margin at first. So even though the demand is very high, the price and supply are to inelastic to provide a higher margin for Microsoft.
David Weiss

European App Store Price Raise - 0 views

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    This is a slightly older article from late 2012. Apple increased the minimum price for paid apps in the European app store from 0.79€ to 0.89€. The incentive behind this change was to match the US$0.99 equivalent in minimum price. The demand though did not change much as the price change was minimal, and it only applied to a small fraction of all apps.
David Weiss

Abscence of a Pricing Mechanism in Pakistan Pharmaceuticals - 0 views

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    The absence of any pricing mechanism in the Pakistani Pharmaceuticals market has caused a stop in production and inflation of the Rupee. I find it interesting because it really shows us how important a proper pricing mechanisms are in a market.
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