Archive for December, 2006

America’s Complicated Pastime

Monday, December 18th, 2006

If a baseball team in the United States wants to hire an impressive player from Japan, they are not allowed to make an offer directly. Instead, the league organizes a silent auction and any interested party can place a bid.  Some commentators believe this secrecy is inflating the market, making foreign players unreasonably expensive.

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Measuring Grocery Visits

Thursday, December 14th, 2006

Business researchers at the Wharton School are focusing on the way we shop, according to Forbes. Some paths through the supermarket are more efficient than others, and understanding this variation is chaning grocery store layout from intuition to science.

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