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Keyword: vending machines


Condom Economics (3/7/2007)

The externality and time horizon of costs and benefits bedevil college distribution of condoms.

Keywords: casual sex, condom, external benefit, external cost, honor system, opportunity cost, pregnancy, private benefit, private cost, sexually transmitted diseases, short-term vs long term, subsidy, vending machines

Why Are the Prices Different? (12/21/2001)

Japanese supermarkets charge higher prices for machine-vended items to customers who value their convenience.

Keywords: convenience, grocery shopping, Japan, price discrimination, supermarket, vending machines