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Posts Tagged ‘Property’

Water Funds: Coase in South America (and New York)

Posted in Environment, Microeconomics, tagged , , , , , , , on October 3, 2010 | 2 Comments »

Rivers often create important resource conflicts. Downstream cities want clean water to drink. Upstream residents want to make a living, but that sometimes damages water quality. In the highlands above Quito, Ecuador, for example, residents often convert land to farming and ranching; that allows them to raise valuable crops and livestock, but weakens the land’s [...]

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How to Defeat the Lionfish? Use Your Knife and Fork

Posted in Life, Microeconomics, Nature, tagged , , on July 8, 2010 | 1 Comment »

As regular readers know, I am intrigued by animals in weird places (voles in the Rose Garden, grey whales in the Mediterranean) and quirky discussions of property rights (guacamole, overhead bins, snow shoveling, office lunches). So imagine my delight when I opened the Food section of the Washington Post to discover an issue that brings [...]

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Ultra Trouble for the Ultra Low Cost Airline?

Posted in Life, Microeconomics, tagged , , , on April 12, 2010 | 10 Comments »

Last week Spirit Airlines announced that it would start charging fees for carry-on bags this summer. Spirit described the benefits of this move as follows: “In addition to lowering fares even further, this will reduce the number of carry-on bags, which will improve inflight safety and efficiency by speeding up the boarding and deplaning process, [...]

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Spirit Airlines Combats the Tragedy of the Overhead Bin

Posted in Life, Microeconomics, tagged , , on April 6, 2010 | 7 Comments »

As any frequent flyer knows, the competition for overhead space is tight. As I noted a few months ago (“The Warped Economics of Carry-On Luggage“), the situation has only become worse since airlines started charging fees for checked luggage. Budget-conscious travelers caught on quick and started carrying on more of their luggage. In economic terms, [...]

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The Tragedy of the Guacamole

Posted in Life, Microeconomics, Uncategorized, tagged , , on February 28, 2010 | 4 Comments »

One of the themes of this blog is that economics is everywhere in daily life. Property rights, for example, are at the heart of everyday battles over overhead bins, shoveled-out parking spaces, and food in shared refrigerators. Continuing in that vein, a friend recently sent me a link to an amusing piece about sharing guacamole. [...]

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Enforcing Property Rights: Snowmageddon Edition

Posted in Microeconomics, tagged , on February 9, 2010 | 8 Comments »

In case you hadn’t heard:  the DC area was socked with a boatload of snow over the weekend. We got 27 inches here in Bethesda, and many areas received comparable amounts (pay no attention to the official measure at National Airport which is mysteriously low at 18 inches). The Washington Post reports on some of [...]

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