The future of the TV Series Industry

I’m a big fan of TV series like “24″ and “Lost”. My wife and I eagerly watch episode after episode and get completely involved in the characters and the storyline. In fact, we begin to identify with each character and their mannerisms to the extent that we “latch” onto the main figures. We . . . → Read More: The future of the TV Series Industry

Adverse Selection: When Is It OK to Lie to Insurance Companies?

Demonstrates the Key aspects of Adverse Selection and how Insurance companies want the business of those who least need it. . . . → Read More: Adverse Selection: When Is It OK to Lie to Insurance Companies?

Why You Shouldn’t Patent Your Invention Just Yet

Explains the Theory of Holdups and why you might not want to Patent your new Invention…..just yet. . . . → Read More: Why You Shouldn’t Patent Your Invention Just Yet

Thoughts on Game Theory: Why Do Restaurants Serve My Food to Everyone?

Find out how restaurants serve everyone each other’s food in order to increases their profits! . . . → Read More: Thoughts on Game Theory: Why Do Restaurants Serve My Food to Everyone?

Why Microsoft Windows’ Survival Depends on Piracy

An explanation of why it is Microsoft’s best Interests never to stop the piracy of Windows. . . . → Read More: Why Microsoft Windows’ Survival Depends on Piracy

Health Insurance Companies Take Advantage of Doctors

In response to my last post regarding health insurance companies, I received a comment from a physician who noted that health insurance companies try to make it difficult for doctors to collect payments. I could not agree more. It is the classic example of a big business trying to take advantage of the little . . . → Read More: Health Insurance Companies Take Advantage of Doctors

How to Get People to Buy What They Don’t Want

This article follows up on an earlier article on how to price your products in such a way that people end up paying the maximum amount that they are willing to pay for it, instead of paying only what is mentioned on the price, or not buying it at all. . . . → Read More: How to Get People to Buy What They Don’t Want

Will Robots Destroy Our Economic System?

I don’t count myself as a visionary, but there is a specter looming over mankind’s collective head, and I’m not sure if I can see how we can avoid it.

In my opinion, creating good artificial intelligence is just a matter of time. Already researchers have created a robot that uses a . . . → Read More: Will Robots Destroy Our Economic System?

Pricing Dilemmas: How to Charge the Most for Your Product

Setting a price on your product or service can be one of the most difficult decisions a marketing manager can make. Different people value your product differently. Most of the time, it is impossible to get accurate information regarding the percentage of your target market that are willing to pay a certain price . . . → Read More: Pricing Dilemmas: How to Charge the Most for Your Product

Keeping Up Appearances: The Benefits of Pretending to be Insane

The poet Horace once said, “Ira furor brevis est” – “Anger is a brief madness.” This is taken to be a strict warning against getting letting your emotions run away with you. The implication is that anger is a poor alternative to logic and reason.

Image Credit: labnol

In the book . . . → Read More: Keeping Up Appearances: The Benefits of Pretending to be Insane