Online economics

Welcome to the personal website of Aaron Schiff, a professional economist. My interests and expertise are in industrial organisation, game theory, network and Internet economics, and intellectual property.

Latest blog posts:

The economics of luck

Via the ever-excellent Jan Chipchase, lucky phone numbers for sale:

Unless what is deemed to be a lucky number changes over time, the supply of lucky numbers is fixed, so the price should be determined by demand. I wonder how the willingness to pay for luck changes with income? Presumably there is a positive correlation, but […]

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Auction error

I bid on a dining table in an online auction and won. Then I realised that it won’t fit through the door of our slightly small apartment. D’oh!
So I explained my mistake to the seller and asked them to re-auction it again, with a promise to pay them the difference if the selling price […]

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Coase vs religion

In the vicinity of our new apartment is a church that likes to celebrate its Sunday service by ringing the church bell continuously for about 5 minutes at 9.30am and 10am every Sunday. Furthermore it is not a nice melodious bell but just a continuous loud bonging of a single tone over and over.
Now I […]

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