Ronald Coase Archives

April 26, 2024

Weekly Economic New Roundup and Captcha costs

Published by Elaine Schwartz at April 26, 2024

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What a Captcha Costs Us

Having begun as a relatively simple way to prove who is human, now escalating Captcha costs might be too high.

February 3, 2020

weekly economic news roundup and noise pollution

Published by Elaine Schwartz at February 3, 2020

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Where a Traffic Light Could Cut Noise Pollution

To diminish the city's noise pollution, Mumbai is experimenting with traffic lights that last longer when drivers honk too much.

September 23, 2019

Published by Elaine Schwartz at September 23, 2019

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Airplane Window Shade Wars

Rather like the reclining chair debate, the battle of the airplane window shade has also become a source of passenger conflict.

March 18, 2019

Weekly Economic News Roundup and airplane seat

Published by Elaine Schwartz at March 18, 2019

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How to Deal With (Airplane Seat) Recline Rage

To recline or not to recline an airplane seat is a problem for passengers and airlines because of pitch, profits, property rights, and your philosophy.

October 4, 2015

Published by Elaine Schwartz at October 4, 2015

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Business

Getting Bumped Off Your Flight

Instead of command and control, a reverse auction or a Coasian solution would provide better ways to manage overbooked flights and bumped passengers.

August 29, 2014

Published by Elaine Schwartz at August 29, 2014

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Solving the Airplane Seat Problem

According to Ronald Coase, if reclining in an airline seat creates a negative externality, both parties can negotiate because the transaction costs are low.