Wednesday, May 28, 2014

econ review question 25

I found this story about a quartet from the Philadelphia Orchestra who played a short concert on their plane on the way to China after they found themselves stuck for three hours on the tarmac.

Here is the story from NPR:

http://www.npr.org/blogs/thetwo-way/2013/06/07/189544736/why-being-stuck-on-a-tarmac-with-the-philly-orchestra-rocks

Here is the video as posted on YouTube:

http://youtu.be/dFhYPsgroMk

Talk about the economics of this moment. Perhaps transaction costs, and utility.

What about the role of IT?

Will we see more or less of these moments?

How is this relevant to health care?

Always remember the legal/policy environment.


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