Google and Keyword/Domain Name Convergence

Bob Tedeschi speculates about why Google became a registrar. He discusses a number of good reasons but missed perhaps the most obvious. To Google, there’s no difference between selling domain names and selling keywords: both are merely ways for companies…

Shopbots and Nash Equilibrium

Interesting News.com article by Paul Festa discussing a report by Prof. Michael Baye of Indiana University on why shopbots have not led to homogeneous prices by all retailers. The basic argument: retailer are constantly changing prices to avoid letting competitors…