Interesting People mailing list archives
more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers
From: David Farber <dave () farber net>
Date: Sun, 16 Oct 2005 15:08:03 -0400
Begin forwarded message: From: Chris Beck <cbeck () pacanukeha net> Date: October 16, 2005 2:44:15 PM EDT To: dave () farber netSubject: Re: [IP] more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers
Rumour has it David Farber, on or about 16.Oct.2005 14:22, whispered:
*What?* Are you seriously arguing that the carriers should be _required_to give you service even if they fear they're going to lose money by serving you? Are you insane?
No. What he is saying, even though he doesn't realise it, is that free-market
economics do not apply when a) the cost of entry is billions of dollars andb) the number of competitors is less than x (where x is a number between 5 and 30 and a Nobel Prize in economics will be awarded to the person/ people who
develop the formula to calculate it)There does not appear to be any real competition between cell phone providers and without competition there is no need to worry about customer satisfaction. Certainly they hate each other and desperately want each other's customers but there does not seem to be any creativity or variation in providing the service -
and that, to me, is the key indicator of competition. I leave the solution as an exercise for the reader. -- Chris Beck - http://pacanukeha.blogspot.com Antiquis temporibus, nati tibi similes in rupibus ventosissimis exponebantur ad necem. ------------------------------------- You are subscribed as lists-ip () insecure org To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
Current thread:
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 11)
- <Possible follow-ups>
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 11)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 11)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 12)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 12)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 14)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 16)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 16)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 16)
- more on Locked In a Cell: How Cell Phone Early Terminati on Fees Hurt Consumers David Farber (Oct 16)