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 would give [...]

Demonstrates the Key aspects of Adverse Selection and how Insurance companies want the business of those who least need it.

Explains the Theory of Holdups and why you might not want to Patent your new Invention…..just yet.

Find out how restaurants serve everyone each other’s food in order to increases their profits!

An explanation of why it is Microsoft’s best Interests never to stop the piracy of Windows.

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 guy.
Any [...]

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.

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 rat’s brain, and the [...]

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 for it.
However, [...]

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 The Godfather, the village that Don [...]