Wednesday, May 28, 2014

econ review question 20

the economics of "free"

http://youtu.be/WT3772yhr0o

as you watch the video, analyze the behavior from different lenses -

economics - why are self-interested actors involved in this? inferior/normal goods? marginal cost? fixed costs?

legal - how could law increase or decrease this sort of collaboration?

IT - kind of obvious, but how does it make this possible? perhaps you have less obvious observations

quality - what are the quality issues?

health systems - how has/will the sharing economy penetrate our labyrinthine health system?


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