Archive for November 12th, 2007
Doctors Don’t Offer Free Check-Ups
Monday, November 12th, 2007In the comments section of Asymmetric Information: Car Trouble, laura notes that:
“…the extra money they [mechanics] charge may be a reasonable part of return of the work they did for getting the information we do not have”
She makes a valid point that mechanics need to be compensated for their knowledge of car problems. It takes […]
Coffee Shop Discrimination
Monday, November 12th, 2007I’m always a little suspicious of research studies looking for discrimination in a competitive market. So, when I read Tim Hartford’s piece over at Slate examining research out of Middlebury College on whether coffee shops discriminate against women, I wanted to take a look at the study.
Caitlin Myers from Middlebury College had five undergraduate students […]