Cogent Argument

Cogent Argument

Now, there is one question that every economist knows I agree (and a way for non qualified): as Mayor (a) must have accepted the alleged offer of Google $ 6 million when he took the opportunity; (b) that Google offered was insanity and (c) Mayor is virtually condemned, or in any case will be fleeting glory. Simply put, is a common way many new markets, with a leader with initial success, a burst of new enterprises to the new industry of coupon (eventually counting some 400 competitors) and, finally, a big shock.

Of course, could Mayor left standing after the shock, such as Amazon and eBay in the days of yesteryear. But even if he makes the cut, the idea that the persistently high profits could win seems far-fetched. Economists want to see what unique controls of Mayor. The idea of the bottom line: heavily discounted coupons delivered to inboxes: is easy to copy. The mayor faces charges not the low marginal cost of an internet business, but an expensive effort of selling by companies. It therefore seems that competitors could scale.

Cogent Argument