Saturday, February 8, 2014

Greater Scale Leads to Lower Prices, Even in a More Concentrated Mobile Business?

If telecommunications really is a business with scale characteristics, then additional scale should lead to lower retail prices. And there is evidence that higher concentration levels in the U.S. mobile business have happened at the same time that retail prices have dropped. 

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When Making Productivity Assessments, Output Matters

Since productivity measurements involve a comparison of output compared to input, we cannot ascertain much by looking only at the hours peo...