Friday, October 8, 2021

Would Ticket Holders Pay $25 if They Got Unlimited Food? One Movie Theater Decided to Find Out

This article describes one movie theater's experiment with bundling unlimited food with a movie (WSJ Oct 2021). The scheme also charged a higher price on weekends.

Thursday, October 7, 2021

Cake Liberation Day

This opinion states that requiring a home bakery to have a "commercial grade kitchen separate from a home kitchen" "intended to reduce competition for commercial bakers" WSJ, Oct 2021). One of Porter's three common approaches to create a competitive advantage is to reduce the intensity of competition. 

Tuesday, September 21, 2021

RAP and infrastructure spending

“There is some incentive for forecasts to be high if they make [a project] more likely to get built” (WSJ, Sep 2021)

Why firms need strategies

 

Life at the top is often fleeting (WSJ, Sep 2021)

Thursday, September 16, 2021

Facebook Tried to Make Its Platform a Healthier Place. It Got Angrier Instead.

I argue that the decision to maintain an algorithm that encourages divisive content is bad (WSJ Sep 2021). The bad decision raises three questions :

  1. Who made the decision not to revise the algorithm?
  2. What information did the decider have?
  3. What incentives did the decider face?

Thursday, September 9, 2021

Walmart to End Quarterly Bonuses for Store Workers

This report (WSJ, Sep 2021) raises an important question: "Which compensation scheme better aligns interests or employees and owners, quarterly bonuses based on store performance or higher wages?"

How do you think the employees view the change?