Re: poly: Hypereconomy

From: Robin Hanson <>
Date: Thu Apr 30 1998 - 14:44:17 PDT

At 02:43 AM 4/29/98 -0400, you wrote:
>I just online put a draft of the hypereconomy article I am writing
>for the Dow Jones MaRKETS magazine. ...
>I would be very interested in your friendly criticism.

>The internal structure of a computing environment is significantly
>different from that of the physical space. There is no concept of
>premium location here, or differential rent.

Tell that to people paying for ad space on web pages.
Some pages really do cost more.

>However, to compare the utilities of different banners, a
>site needs to show each banner a large number of times,
>which amounts to displaying an unrealistic total number of ads
>before it can make rational choices. The task of appropriate
>banner selection becomes much easier if the sites exchange
>information about their usage of different banners.

It's reasonable for people to share information about common
problems, but calling this a new different "hypereconomy" just
seems hyperbole. People have been sharing information for millenia.

Robin Hanson
RWJF Health Policy Scholar, Sch. of Public Health 510-643-1884
140 Warren Hall, UC Berkeley, CA 94720-7360 FAX: 510-643-8614
Received on Thu Apr 30 21:59:55 1998

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