Tag: Fallacies
Beating the west at its own game
Commercial success with innovation depends less on the innovations themselves than on the other qualities of a firm. Sony’s use of Bell Labs technology is the classic example.
Ford puts faith in high prices
Ford’s promise to keep prices high is a curious one, and the way it has been phrased shows that they have failed to understand the principles of credible commitment.
Shedding light on the limits to innovation
The story of the everlasting light bulb is one of the hoariest myths in business economics. But the myth is indeed a myth.
Creativity at centre stage
Who really benefits from copyright laws? “Artists for strong copyright” seem not to understand for whose interests they are campaigning.
Alight here for a business platform
George Westinghouse was a titan of American industry. Like Bill Gates, he made a fortune by controlling a vital standard. He also lost a large one by overextending himself.
Where size is not everything
Concentration in the car industry is increasing as the market goes global: a common story, and an untrue one.
Review: New Labour (New Statesman)
The proposition which New Labour offered the voters in 1997 was essentially a simple one. Labour was very like the Conservative party while...
The fate of Project Tiny Tim
This case was prepared by Professor John Kay, under the direction of emeritus Professor Charles Dickens. It is intended as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation.
Crisis, what crisis?
The crisis in the European social model should be clearly visible from Copenhagen. It proves hard to establish what is really supposed to be going wrong.
A scientific formula for playing games in the dark
As John and Linda try to rendezvous at a convenient restaurant, a little game theory might suggest some strategies.
