Subject: Re: a business model
From: "Stephen J. Turnbull" <>
Date: Thu, 23 Mar 2006 18:56:30 +0900

>>>>> "Thomas" == Thomas Lord <> writes:


Well, at least you've learned to talk (half of) the talk.

However, you make some obvious elementary errors (eg, the comment
about "sometimes optimal and sometime not" regarding the mutual
defection outcome in the prisoners' dilemma, unless you mean K = 0).

I believe you're also making more subtle errors.  Specifically, making
assumptions about (near) absence of friction where that favors your
thesis, and retaining friction where it doesn't.  Specifically, I
think you dramatically undervalue both the role of "insurance" in
contracts like Red Hat's support contract, and the cost of management
(especially of the "writing reports at the desk" form).

Graduate School of Systems and Information Engineering   University of Tsukuba        Tennodai 1-1-1 Tsukuba 305-8573 JAPAN
        Economics of Information Communication and Computation Systems
          Experimental Economics, Microeconomic Theory, Game Theory