No such thing as a free market Sep 11, 2009
And any way you jump has an opportunity cost because there are lots of things you'd like to do with your limited means. So life is about trade-offs between rival objectives and you should optimise rather than maximise. (Sydney Morning Herald -- Opinion)
Should Ghana Join OPEC Sep 10, 2009
Even though the adjustment cost of diversification especially in terms of consumer attitudes may be higher, consumers in both industrialized and developing countries do not prefer the opportunity cost either, that is, expensive fuels, increased subsidies, inflation and generally macroeconomic dislocations. Conclusion. (Ghana Web, Ghana)
No sense in denying women safe and cheap births Sep 9, 2009
This year's Maternity Services Review reported its concern about the ''small number of Australian women [who] are choosing home births without the support of an appropriately trained health professional". Why, then, did it recommend making it harder for women to obtain such support?There appear to be two reasons. First, few women in Australia, 700 to 800 a year, choose a home birth. But this is no reason to restrict the practice further. A woman giving birth at home with a midwife will incur... (Sydney Morning Herald -- Opinion)
Weak Dollar Leads to Rise in Gold Prices Sep 9, 2009
"Near-zero interest rates in many of the world's largest economies reduces the opportunity cost of holding gold," Jessop said. The fact that 20 of the world's rich and developing nations promised over the weekend to keep in place their stimulus measures which include both spending as well as low interest rates reinforced the appeal of gold. (Time.com)
Health care reform needed Aug 25, 2009
Normal profits represent the opportunity costs that invested resources could earn in their next best alternative employment elsewhere in the economy, adjusted for differences in risk ... THAT DOES NOT MEAN, HOWEVER, THAT THE RESOURCES EMPLOYED BY GOVERNMENT OR NON-PROFITS DO NOT HAVE OPPORTUNITY COSTS. The resources employed by government or non-profits could be used elsewhere in the economy ... Thus, there is a sacrifice - implicit opportunity cost - of using them in government or non-profit... (Logan Herald Journal, UT)
Today Is Decision Day For NPP Aug 23, 2009
An expanded Electoral College comes at a financial cost to the party; the opportunity cost of which some would prefer should inform the final decision to be adopted. Those on the other side of this argument ironically think that having delegates in their local areas is a good way of saving cost and other inconveniences. (Ghana Web, Ghana)
PV Manufacturing: Where Will New Plants be Built? Aug 21, 2009
The specific model adopted by firms (in-house production vs. tolling vs. contracting) here will depend on available capital and their opportunity cost of capital. Given the current retraction in capital markets, it is likely that more firms will resort to the latter two strategies; however, this does not preclude European firms from setting up smaller (50-150 MW) module production plants in the U.S.. (Energy Pulse, CO)
M Bhusnurmath: House ownership Aug 16, 2009
Agreed, every tax sop has an opportunity cost by way of revenue foregone. To the extent the new code promises a bonanza for taxpayers by raising the slabs for taxable income, it is only appropriate that government should axe all but the most justified exemptions, typically those that are warranted from the point of equity or have any positive externalities. (India Times)
YRA likes United flight, but not winter schedule Aug 14, 2009
Shane wrote on Aug 13, 2009 9:45 AM:" Basic econ 101-If the service to Denver was really THAT valuable to the Cody community, we would have bought their tickets at either A) real market prices, orB) the artificially depressed prices they've been chargingBut we didn't. We didn't see that the service they offered, at the price requested, could improve our individual material wellbeing more than other uses that the same money could be put to. This is the most basic of economic knowledge at work... (Cody Enterprise, WY)
Lives of Toil and Stress, Not Self Indulgence Aug 13, 2009
Today, the more we earn the more we work, since the opportunity cost of not working is all the greater, Conley concludes. In other words, when we get a raise, instead of using that hard-won money to buy the good life, we feel even more pressure to work since the shadow costs of not working are all the greater. (Townhall.com)
What Will Health Care Reform Cost You? Aug 12, 2009
If health care is passed as proposed, much of the population will be healthier, working more productively and erasing the lost opportunity cost mentioned above ... If health care is passed as proposed, much of the population will be healthier, working more productively and erasing the lost opportunity cost mentioned above. (CBS News -- Evening News)
GM: Volt Will Get 230 MPG in City Aug 12, 2009
DETROIT, Aug. 11, 2009. Rechargeable Electric Car Would Have More Than 4 Times the Mileage of Current Leader; EPA Confirmation Awaits. (CBS News)
The end of the honeymoon Aug 11, 2009
But the tax hikes required for Democratic health reform have an opportunity cost; they can t be used in a future deficit reduction deal. And such a deal would certainly require the president to break his unequivocal pledge not to raise taxes on anyone making less than $250,000 a year. (Orangeburg Times and Democrat, SC)
Tech.view: Steering sunbeams Aug 8, 2009
But even then, repayment of the loan (or the opportunity cost of paying cash) would have worked out at more than $600 a month over ten years all to save a paltry $75 a month in electricity charges. With his conscience still twinging, your correspondent decided to buy a couple of tons of carbon offsets for a total of $70 a year and have done with it. (The Economist)
LHI, city wrangle over parking; third building contingent on ramp Aug 8, 2009
The two Riverside Center men made clear there s an opportunity cost for not following through with the ramp. As Weber told Downtown MainStreet Inc. in June, his La Crosse-based company, Logistics Health Inc., would need to expand outside of La Crosse if there were not adequate parking. (La Crosse Tribune, WI)
Letters to the editor, Aug. 6 Aug 8, 2009
But, would the value of the proposed 5 percent discount exceed the consumers opportunity cost of less shopping freedom and really induce consumers to spend more money here. Would out-of-towners business be rejected if they didn t convert their dollars into hokies. (Burlington Union, MA)
Once again its on! Aug 4, 2009
Oh and if that does happen (we are stuck with RandMo and 2-3 other scrubs) well, remember my opportunity cost argument when a certain combo guard was acquired. Because we will likely be in the IDENTICAL situation next year when Speedy and Acie s contracts expire for GS and they have $7M vacating their books (and we have an $11M super-sub). (Atlanta Journal-Constitution -- Sports)
Easy route to a million Aug 3, 2009
The opportunity cost of that one decision (not counting the many others we could review) could easily be measured as R445560 extra bond payments plus R69641 less retirement savings, equalling R515201. We could project further and say that the head start Sam has in her retirement portfolio will translate to R2893000 extra at age 55 but wed rather not make Sue cry. (iAfrica.com)
The holy writ of investment Jul 29, 2009
5 per cent if you're lucky) there's the "opportunity cost" as well as the risk of capital erosion through inflation, says Hutton of HLB Mann Judd. Light a candle for those poor souls who capitulated in early March, selling their shares and crystallising their losses at what analysts say is likely to have been the bottom of the cycle. (Sydney Morning Herald -- Business)
Vacation visions Jul 28, 2009
And if adding a $10M pitcher keeps us from adding a significant bat (as opposed to a Norton-rehab project), then I think that the opportunity cost may out-weigh the benefit of that starting pitcher. At this point, we will likely have to leave open a roster spot or two and some salary flexibility and hope that we can sign someone like Kurt Thomas, Etan Thomas or Tony Battie when they are cut loose in late February. (Atlanta Journal-Constitution -- Sports)
Where is NDC Job Creation Plan? Jul 28, 2009
This author disagreed with the honourable minister on the loan conditionalities and pointed to a number of real opportunity cost issues that warrant these institutions to award loans to economies because there is no free lunch in the home countries of these financial institutions. Also, that NDC do not have any small business investment policy in existence, let alone calling it enough. (Ghana Web, Ghana)
Red Sox get Adam LaRoche from Bucs Jul 23, 2009
" LaRoche is a career .269 hitter with 123 homers and 426 RBIs in 775 games. In Diaz, the Pirates gained a potential elite defender. Playing for Double-A Portland this season, Diaz hit .253 with no homers, 24 RBIs and seven stolen bases. Strickland was selected by the Red Sox in the 18th round of the 2007 First-Year Player Draft. Listed at 6-foot-5 and 200 pounds, Strickland was 5-4 with a 3.35 ERA for Class A Greenville this season. Meanwhile, Epstein will continue to explore other... (MLB.com -- Boston Red Sox)
Disinvestment: Present comfort at cost of future gains? Jul 21, 2009
Even if we set aside the arguments about the desirability of using capital receipts to solve a problem of inadequate revenues, government need to consider the opportunity cost of foregoing future dividend payments from PSUs if it still decides to go ahead with disinvestments. The government owned companies are one of the most generous dividend payers on Dalal Street. (India Times)
The Case Against The Ghanaian MPs Loans Jul 21, 2009
The opportunity cost of this expenditure is the ordinary people who are dying in unhygienic hospitals without basic medical equipment and medicine. The ethical principle of fairness demands that society pay people more based on their hard work or their contribution to the public welfare. (Ghana Web, Ghana)
In the New Job Market, Who Wins? Jul 17, 2009
"The opportunity cost for retraining is low now, says David Autor, an economist at the Massachusetts Institute of Technology. "If you're not working anyway or you're working at a job with no future, now's a great time to learn the skills for your next job. It's a challenge to decide you're going to invest time and energy in something totally different, but it's the surest way forward. (CBS News -- Evening News)
Think before you borrow Jul 15, 2009
4) Opportunity cost of borrowing money Before you take out a loan, consider the opportunity cost. Do you really need that Harley or caravan. (iAfrica.com)
Reduced gearing for AirAsia Jul 15, 2009
The research house said it was less concerned about the earnings opportunity cost and was more positive about the effects the deferment would have on AirAsias balance sheet. AIRASIA. (The Star Online, Malaysia -- Business)
Sudan: Improvements in Education - But Mainly for the Boys Jul 15, 2009
"In some communities... the girl-child is prized for the labour she provides to the family, and for the dowry she brings. This pushes up the opportunity cost of educating a girl, and exposes her to early marriage.". The report was released on 7 July by the UN Children's Fund (UNICEF) to mark Girl's Education Day in Southern Sudan. (allAfrica.com)
more. Monday, July 13, 2009 Jul 13, 2009
Griffith said that while the sticker price of upcoming plug-in models is generally known, Zipcar still needs to gather data about the costs of maintenance, infrastructure needs and, the opportunity cost of having the car sit for charging before it incorporates more of the technology into its fleet. After the company collects this data it can use it to competitively introduce electric vehicles intro its fleet. (Salon)
Loans for Economic Resuscitation: Where is NDC Job Creation Plan? Jul 12, 2009
Seemingly, the NDC world renowned economist has forgotten his basic economics tutorials on opportunity cost that openly stares both parties - Ghana and World Bank (or IMF). What is Ghanas best foregone opportunity to secure the loan. (Ghana Web, Ghana)
Sen. Byrd blasts climate bill... Jul 9, 2009
" So, Senator Byrd is not deciding for himself. Hmmm... that's interesting... I had a hunch they might strap him to a hand truck every day to wheel him in and out of the place... elamona12 07-09-09 1:12 AM Spain has a very poor "green job" creation record that is incredibly expensive. ***********juandemariana****/pdf/090327-employment-public-aid-renewable.pdf *******masterresource****/?p=1764 .Therefore, while it is not possible to directly translate Spains experience with exactitude to... (The Drudge Report)
Business Investment: Too Little, Too Late? Jul 8, 2009
Calculating Opportunity Cost of Decisions Consider the value of the next best alternative forgone as the result of making a decision. Improving these competency areas can help organizations to act more quickly, decisively, and fully on business opportunities as they emerge. (BusinessWeek)
Human resources face important BEE challenges Jul 5, 2009
It is costly to keep the person within the business due to the low morale it brings, the opportunity cost and the related salary costs, however on the other hand it is also costly to fire the person as the company will inevitably end up at the Commission for Conciliation, Mediation and Arbitration and the company's BEE score will go down which could affect future business. The skills shortage is a problem in this country. (Business Report, South Africa)
Making sense when you put in your 2¢ Jul 4, 2009
That's an instance of the application of the second rule: never forget opportunity cost ... The point of economists' emphasis on opportunity cost is to say: since your resources time and money are limited, think carefully about how you spend them so you don't come to regret having wasted them ... You hear people forgetting opportunity cost all the time on talkback radio. (Sydney Morning Herald -- Business)
Ghana@50 celebration was not a waste of national resources Jul 4, 2009
They cite the nations creaking economic infrastructure as the opportunity cost (i. e. the cost in terms of the benefits given up in order to make the Ghana@50 event a reality). (Ghana Web, Ghana)
Fairness for fraudsters Jul 3, 2009
By Richard Gallagher. The punishment for researchers guilty of misconduct is excessively punitive, and needs reform. (The Scientist)
Options In Focus: Spread Thin In Potash Jul 3, 2009
05, the bear spread will put you at a serious disadvantage / opportunity cost - if profitability is to actually enter the picture in the two weeks ahead. We d like to hear your comments on Options In Focus. (Investors Business Daily)
Even After Death, Heart Attack Treatment May Not End Jul 2, 2009
Taking people to a hospital needlessly for treatment also creates what Sasson described as an opportunity cost. "When you bring in a patient that is essentially dead, all of your resources go to that patient, which leaves the rest of the emergency department unmanned," she said. (MEDLINEplus)
Minister for Re-regulation well suits Lindsay Tanner as a title. Jul 1, 2009
When the economic impact of the so-called ``decisive action'' being taken in reaction to every blip in Australia's market finally hits, people will begin to see the true opportunity cost of this Government's decisions. Just this week, the Bank for International Settlements has suggested that once the sugar-hit stimulus packages wear off, economic recovery will likely be followed by an extended period of economic stagnation. (Sydney Morning Herald -- Business)
Asset Management Jun 30, 2009
The brief window of opportunity cost Sutter a third round pick (and the rights to UFA , who they weren't going to re-sign). That's a small price if Sutter is able to ink Bouwmeester before July 1, and a worthwhile risk even if he doesn't. (SportsIllustrated.CNN -- NHL)
Case for halting the `Ghana@50 Celebrations' Inquiry Jun 27, 2009
The opportunity cost of this small gain by the Ruling Party will be equivalent to the nations self-destruct button depressed 70. Can the government afford such risk by placing its interest above the national interest. (Ghana Web, Ghana)
Walkouts change council debate Jun 26, 2009
Sanders was reluctant to categorically deny any non-local issue, but she insisted the bottom line is, "It's a waste of time for the city to get bogged down in non-city business ... There's an opportunity cost of putting items on the agenda, so in effect we are failing our constituents by wasting time. I was elected to deal with issues that have to do with governing Sonoma.". Sebastiani is equally emphatic. (Sonoma Index-Tribune, CA)
SAA: Fly the coop Jun 20, 2009
The opportunity cost of the money lost through South African Airways (SAA) is staggering. It has been suggested that the failing airline requires yet another bail out estimated to cost anything between R5- and R11-billion. (iAfrica.com)
In the rough, Cantongem missed big shot Jun 19, 2009
The opportunity cost is extraordinary, he said. Hosting a championship event could bring $100 million in regional economic impact. (Boston Globe)
Texting is not talking Jun 16, 2009
Worse yet is the opportunity cost: Time teens spend texting is time that they don't socialize face-to-face. With more frequent electronic communication, teens give up real intimacy for the illusion of companionship. (Boston Globe)
Concerned home buyers flock to fixed-rate loans Jun 6, 2009
But should rates start to fall, borrowers would incur an opportunity cost. Investec Asset Management bond analyst Mokgatla Madisha warned: "You could end up paying more interest than if you were to ride out the cycle." Trading Agenda, page 14. (Business Report, South Africa)
Lessons I have learned May 29, 2009
Lesson number three, courtesy of courses in both micro- and macro-economics: Make all decisions by weighing the opportunity cost of each action. For those of you who are (luckily) unfamiliar with opportunity cost, I ll give a quick definition: the cost of an alternative that is forgone in order to pursue a certain action ... The opportunity cost of going to the pool is all the material I would learn in class. (Port Lavaca Wave, TX)
Legit Sites Riskier Than Web's Back Alleys May 20, 2009
"Companies can spend developer resources to fix a flaw, but there's always the opportunity cost. They sacrifice a revenue-generating feature.". Fixing flaws is not easy. (SmallBusinessComputing)
Traditional SIPs May 18, 2009
We have assumed the discounting rate of 8% since this is the opportunity cost of the capital invested in the RD. Had this amount not been invested in an RD, it would have fetched this rate of return in some other investment such as the public provident fund (PPF). 1. (India Times)
Steve AschburnerINSIDE THE NBA May 16, 2009
That's three years of guaranteed salary and the opportunity cost of carrying and paying that bust when the team could have snagged a better piece. With some of these guys, it's lather, rinse, repeat. (SportsIllustrated.CNN -- NBA)
The Future of Capitalism May 15, 2009
We actually need to look at the opportunity cost of what we are not doing when we are saving Citigroup. 1 of 8. (Time.com)
Ecopetrol Reports its Results for the First Quarter of 2009 May 14, 2009
45 billion for opportunity cost, and COP $99. 76 billion for the price difference in 2007. (PR Newswire)
Opportunity costs: Remind consumers about savings May 13, 2009
That's known as the "opportunity cost" of that choice. A new study in the Journal of Consumer Research looks at the benefit of drawing consumers' attention to opportunity costs ... Unless opportunity costs are explicitly named, most consumers don't consider them when making purchases, according to authors Shane Frederick, Nathan Novemsky (both Yale University), Jing Wang (Singapore Management University), Ravi Dhar (Yale University), and Stephen Nowlis (Arizona State University). (EurekAlert!)
Idiotic Money-Saving Tips From Craven New TV Shows May 9, 2009
The glazy-eyed woman is too charmed with herselflustily going, "Mmm, mmm" upon tasting a tart, calling it "gorgeous" with her mouth fullto address the matter of opportunity cost. Couldn't you be, like, redeeming soda cans instead of frying your own doughnuts. (Slate)
Safety knocks Gold Fields back R2.29bn May 9, 2009
Asked how much the group had invested at its local mines since May to improve its safety record, he said: "We don't see a difference between a safety cost and a production cost. The key way we mine is safely. I can't give a figure for what the increased investment has been on safety. It really is an opportunity cost - and, of course, the loss of life.". Holland said that at Gold Fields' international operations, any injury prompted close attention and an investigation. (Business Report, South Africa)
No room for the heretics May 4, 2009
The shadow treasurer, Joe Hockey, said last week: "One concept that eludes Mr Rudd and Mr Swan is that of opportunity cost. A dollar spent by the Government needs to be financed (either by debt or directly, but ultimately by tax revenue) and that is a dollar less that can be spent by the private sector.". 1. (Sydney Morning Herald -- Business)
S Asia trade: Only talk, no growth May 3, 2009
Not surprisingly, the opportunity cost of our inability to bury our differences and move ahead, at least on the economic front, has only grown. Consider. (India Times)
Upside of a downturn: Dropouts drop back in Apr 28, 2009
Its what economists call an opportunity cost. You dont have a lot of other options, Rumberger said. (MSNBC -- Health)
Obama brings energy message to Newton writeLink("vid_id=1546&file=obama042209.flv"); Apr 28, 2009
"-Geophysicist Dr. David Deming, associate professor of arts and sciences at the University of Oklahoma.By the way, the true cost of anything is its opportunity cost. A job study from Spain and their experience suggests each government subsidized "green" job costs 2.2 jobs in other industries. Dr. Gabriel Calzada, an economics professor at Juan Carlos University in Madrid says, "In terms of the Keynesian economics, the jobs multiplier of renewable energy, at least in Spain, is -1. 2. (Waterloo-Cedar Falls Courier)
Pinnacle Divests Assets, Chairman of the Board Resigns Apr 17, 2009
"The sale of the Cabin Creek gathering system to the operator was in the best economic and strategic interests of Pinnacle. Moreover, the sale of a small piece of our non-operated, undeveloped acreage provided immediate cash to Pinnacle with little opportunity cost. "Our ability to remain in compliance with our credit facility borrowing base limitations in light of the current natural gas market provides Pinnacle with an opportunity to prepare itself for the next natural gas cycle and the... (PR Newswire)
Falcons talking TE trade? Apr 14, 2009
A few decent dudes but I m not fearing the opportunity cost of losing this type player. 2008 Ray Rice, RB, Ruters/Balt 2007 Josh Wilson, CB, Maryl/Seattle 2006 Andrew Wilson T LSU/Cinci 2005 Roscoe Parris, WR, UM/Buff 2004 Greg Jones, RB, FSU/Jax 2003 Bryan Scott SS PSU/Atlanta 2002 Doug Jolley, TE BYU/Oak 2001 Quinton Caver, LB Ark/Philly 2000 Fred Robbins, DT Wake/Minn 1999 Soloman Page, G WVU/Dall. (Atlanta Journal-Constitution -- Sports)
First day, first show: Nano bookings dazzle Apr 10, 2009
10 Apr 2009, 0015 hrs IST, Reeba Zachariah, TNN. MUMBAI: Maruti Bhandari, 45, a cobbler by profession has been saving money for close to five years, with which at one point of time he wanted to buy a motorbike. (India Times, India -- Intl Business)
10 ways to organize your home like a business Apr 9, 2009
Understand your opportunity cost. In business, when taking one course of action prevents a company from accomplishing other tasks, we talk about opportunity cost. (CNN -- US)
Economic development fund faces cuts Apr 6, 2009
It quantifies the jobs created by this program, but does not say anything at all about the opportunity cost - the jobs which would have been created naturally had the funding money been left in the hands of the taxpayers who earned it. (). (The Herald-Mail Online)
Cars not a good hedge against inflation Apr 4, 2009
RAY: And then there's the opportunity cost of the money. If you sink $16,000 into an "extra" Honda Fit now, in 15 years, even if it's perfectly preserved, it's going to be worth a lot less than that. (San Francisco Chronicle)
