{"id":561,"date":"2005-07-28T01:18:00","date_gmt":"2005-07-28T01:18:00","guid":{"rendered":"http:\/\/maddruid.com\/wp\/?p=561"},"modified":"2006-10-08T10:41:33","modified_gmt":"2006-10-08T10:41:33","slug":"579-of-king-kong-vs-godzilla","status":"publish","type":"post","link":"https:\/\/maddruid.com\/?p=561","title":{"rendered":"[559] Of King Kong vs. Godzilla"},"content":{"rendered":"

When I was taking labor economic last year, my professor presented a case in class concerning monopsony meeting monopoly and dubbed it, in theory, it’s like King Kong versus Godzilla. I bursted into laughter immediately.<\/p>\n

In retropect, I’m not sure whether I laughed because of his figurative presentation, or the truth behind it.<\/p>\n

In the real world, the war between a real King Kong and Godzilla has begun; Microsoft versus Google<\/a>. Of course, none of them are monopsonies but both of them are monopolies. They do hold considerable market power to themselves.<\/p>\n

SEATTLE – In a simmering legal tussle, Google Inc. is asking a judge to reject Microsoft’s bid to keep a prized research engineer from taking a job at the Internet search company, saying the software titan filed its lawsuit to frighten other workers from defecting.<\/p><\/blockquote>\n

Anyway, some sort of climate change agreement between the US and five other Pacific rim nations have been signed<\/a> prior to ASEAN + 3 + Australia + New Zealand meeting in Laos.<\/p>\n

WASHINGTON – The United States and five Asian and Pacific nations, including China and India, agreed Wednesday on a partnership to use cleaner energy technologies in hopes of curtailing climate-changing pollution.<\/p><\/blockquote>\n

The goal is noble but the problem is, this agreement is non-binding. Because it is non-binding, I suspect there will be freerider problem – which hardly solve Kyoto’s flaw to start with.<\/p>\n

With Kyoto, all non-Annex 1 members, including China and India, are not binded to emission reduction and hence, freeriding others’ effort to combat climate change.<\/p>\n","protected":false},"excerpt":{"rendered":"

When I was taking labor economic last year, my professor presented a case in class concerning monopsony meeting monopoly and dubbed it, in theory, it’s like King Kong versus Godzilla. I bursted into laughter immediately. In retropect, I’m not sure whether I laughed because of his figurative presentation, or the truth behind it. In the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,12],"tags":[],"class_list":["post-561","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment"],"_links":{"self":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=561"}],"version-history":[{"count":0,"href":"https:\/\/maddruid.com\/index.php?rest_route=\/wp\/v2\/posts\/561\/revisions"}],"wp:attachment":[{"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maddruid.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}