Becker-Posner: Newspapers Are Doomed
BACK Anorak:
Are Newspapers Doomed?–Posner
A newspaper is a bundled product. A bundled product is one that combines a number of products the demands for which may be quite different–some consumers may want some of the products in the bundle, other consumers may want other products in the bundle. (Another good example is the Windows operating system, a bundle of a number of different programs.) Bundling is efficient if the cost to the consumer of the bundled products that he doesn’t want is less than the cost saving from bundling. A particular newspaper reader might want just the sports section and the classified ads, but if for example delivery costs are high, the price of separate sports and classified-ad “newspapers” might exceed that of a newspaper that contained both those and other sections as well, even though this reader was not interested in the other sections.
Posted: 1st, July 2008 | In: Twitterings Comments (4) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink
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July 5th, 2008 at 7:37 am
Eggman had a bundle……..allegedly.
July 2nd, 2008 at 2:38 pm
..you can get good medication for that these days…
July 2nd, 2008 at 10:30 am
I thought barristers had bundles
July 2nd, 2008 at 7:51 am
Bundling was the Outer Hebridean Islands anxious father’s method of putting paid to a maiden’s prayer.
Winter courting outdoors could have been fatal, so young couples were allowed to get into an alcove bed…a bunk bed behind a curtain off a croft’s single central room… a large bolster was put between the eager pair and their knees were then tied together around it. A Eider duck down contraceptive. The practice is not thought to be the origin of the name for the London Rubber Company’s Featherlight condom.
It is, however, a prime candidate to be the root for the expressive: good things come in little bundles.
I’ll get me Harris Tweed and take a hike.