Posts Tagged: fairness

Taxi Medallion Price Plummet: Unfair Competition or Underlying Reality?

The taxi medallion system was viable only so long as willing ride-givers and ride-seekers could not identify each other easily. Now that they can, it appears the taxi industry’s profitability is built on its cartelization, not its value creation. Appeals

Taxi Medallion Price Plummet: Unfair Competition or Underlying Reality?

The taxi medallion system was viable only so long as willing ride-givers and ride-seekers could not identify each other easily. Now that they can, it appears the taxi industry’s profitability is built on its cartelization, not its value creation. Appeals

How Fair Is Actuarial Fairness?

A new paper, on an important and often-misunderstood topic! From the Journal of Business Ethics: >>> How Fair Is Actuarial Fairness?, by Xavier Landas Abstract: Insurance is pervasive in many social settings. As a cooperative device based on risk pooling,

How Fair Is Actuarial Fairness?

A new paper, on an important and often-misunderstood topic! From the Journal of Business Ethics: >>> How Fair Is Actuarial Fairness?, by Xavier Landas Abstract: Insurance is pervasive in many social settings. As a cooperative device based on risk pooling,