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He argues that the introduction of £9,000 tuition fees has not been successful in creating a market within the higher education system because virtually every university is charging the highest price. Why, exactly, is the introduction of a market in higher education in any way desirable?
After a few questions, they discovered the store had a "secret shopper" program, in which employees would be marked down if they were not sufficiently aggressive with customers. Instead of teaching the tried-and-true case studies involving GE and Microsoft, these three wise men decided to pull their heads out of their ivory towers and go in search of insights about product differentiation, pricing, brand management, building a team, and a host of other topics. Burris, the flying orthodontist, who operates multiple, profitable practices in rural Arkansas. Harvard Business Review Press, 2014 Publisher | Amazon After more than twenty years, economist Paul Oyer found himself back on the dating scene—but what a difference a few years made.
Why take your cues on employee compensation from Wall Street when you can learn from a Main Street company like Couer D'Alene's best crime-scene cleaner? Dating was now dominated by sites like Match.com, e Harmony, and Ok Cupid. It turns out that dating sites are no different than the markets Oyer had spent a lifetime studying.
Using the ideas that are central to how markets and economics and dating work, Oyer shows how you can apply these ideas to take advantage of the economics in everyday life, all around you, all the time.
Q: I’m too shy to call in when you’re on the radio so I’m writing.