The International Olympics Committee has mastered the art of monopoly pricing Now that the Olympics is over it is a good time to reflect on its economics. The Olympics is big business with an estimated $5 billion in revenue flowing to the International Olympic Committee (IOC) from 2009 to 2012 . Aside from television income, […]
What’s the best way for Chinese cities to go about enforcing license plate restrictions? China’s efforts to combat auto congestion and pollution through license plate restrictions are back in the news. Guangzhou, capital of Guangdong Province, will restrict to 120,000 the number of auto license plates issued for the year that began on July […]
Why companies should pay more attention to the role of complementary goods
Why did Boeing buy back used Airbus planes from China Eastern Airlines?
What is behind the Chinese government’s move to enforce stricter intellectual property regulation?
Why would a steel company get into a wildly-unrelated area such as pig breeding?
GETTING BEIJING’S TAXIS TO MOVE, NOT SIT Starting this week, Brian Viard, Associate Professor of Strategy and Economics at Cheung Kong Graduate School of Business, will explore the workings of economics in everyday life and business in China through this fortnightly column A few weeks ago, I was standing outside a Beijing subway station desperately […]