tag:blogger.com,1999:blog-7169279.post881701330843723792..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7169279.post-6652115649280931712012-10-27T00:45:14.585-06:002012-10-27T00:45:14.585-06:00Miz Ava: 50/50 (sorry ... I wrote the commenta few...Miz Ava: 50/50 (sorry ... I wrote the commenta few weeks back but included no score).Dave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-44935360839952241942012-10-07T00:39:57.718-06:002012-10-07T00:39:57.718-06:00Hmmm.
So are you claiming that Barnes & Noble...Hmmm.<br /><br />So are you claiming that Barnes & Noble and Amazon are in a market with positive economic profits that Borders couldn't get back into? This seems unlikely. <br /><br />Alternatively, if that market does have positive economic profits, if Borders sold its share of that, shouldn't they have gotten a positive present value from that stream of future profits? If so, whereDave Tuftehttps://www.blogger.com/profile/14877686358267438045noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-52224769439262587592012-09-28T11:53:06.857-06:002012-09-28T11:53:06.857-06:00On February 16, 2011 Borders filed for Chapter 11 ...On February 16, 2011 Borders filed for <a href="http://bordersreorganization.com" rel="nofollow">Chapter 11 bankruptcy.</a> In part I agree with Locke that Borders made a mistake by choosing outdated products, but I think Borders lost a much greater opportunity to meet demand by selling its e-commerce to <a href="http://www2.journalnow.com/business/2011/feb/16/3/Miz Avahttps://www.blogger.com/profile/05170402420061215167noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-67758411588051453022011-12-11T14:24:28.848-07:002011-12-11T14:24:28.848-07:00Hmmm.
Isn't the whole point of Borders that i...Hmmm.<br /><br />Isn't the whole point of Borders that it wasn't diversified? <br /><br />I think we tend to think of diversification as a management action, rather than as the product itself.<br /><br />From a financial perspective, diversification is not something that managers should do. To me, this means they some or all of them may do it because they're dumb, but also that some Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-69736194947200434482011-11-30T19:27:21.330-07:002011-11-30T19:27:21.330-07:00In my opinion one of the most damaging things that...In my opinion one of the most damaging things that Borders has done is not embrace the new technologies and trends that arose. It takes far too long to catch up on the technology when it is not embraced from the get go. The pace of which people run their lives is extremely fast, and the new technologies are a way to not slow down the consumers. One of the other severe problems that Borders hasPapa Smurfhttps://www.blogger.com/profile/00349476758704801771noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-51345792202420913092011-11-30T12:17:33.598-07:002011-11-30T12:17:33.598-07:00-1 on Locke for an uninformative link.
There'...-1 on Locke for an uninformative link.<br /><br />There's a deep point here (and I do a better job of covering this in my face-to-face classes — sorry about that).<br /><br />Don't think of Borders (or any other retailer). Instead, think of it as a bunch of product lines each with its own market. Borders has some ability market power and ability to mark-up in each product line. <br /><br Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.com