Sunday, April 28, 2013

Evil Google?

Evil Google?

This is an interesting article from the New York Times about Google.
"Basically, if the monopolist tries to charge a price corresponding to the value intense users place on the good, it won’t attract enough low-intensity users to cover its fixed costs; if it charges a low price to bring in the low-intensity user, it fails to capture enough of the surplus of high-intensity users, and again can’t cover its fixed costs."
The article is saying Google provides an important infrastructure to our society, but perhaps is not worried enough about maintaining that infrastructure. Interesting spin on a site used almost daily by us college students and an interesting read as well. 

1 comment:

  1. Very interesting. However, if Google were to go through with implementing rates on users they would switch to a substitute search engine like Bing or Ask.

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