The Hanover Collaboration

I’ve always said that the primary flaw in Jon’s theoretical economics is that agents never have perfect information, and typically have very bad information. Ad’s, as annoying as they are, can only contribute to the information.

I’ve recently (as of a few minutes ago) relialized that producers are in an even worse predicament. That is because there is no clearinghouse for establlshing the prices for things. Recently they have been doing a very good job of tracking purchases which boils down to the same thing. But I think it is slower and less stable than something like a stock exchange.

So in the light of all that nonsense, I’m telling the producers of the world, my secret, zero-surplus prices for things. This might or might not be intermitently updated. Interestingly, the commentary to follow, might lead to our (very efficiently) trading amongst ourselves for various things.

Pineapple (large & of utmost quality) – 3.99
Apple (fresh mac)- .99c/lb
Apple (fresh empire or cortland) – 1.29/lb
Orange – 1.29/lb
Kiwi – 50c eac
watermelon – $4-5 ea based on size and seedlessness
Blueberry – $2.5/(fluid) pt
Raspberry – same
Strawberry – $2/fl pt
For vegetables I’m not so specific. Mostly I go with 99c for stuff that’s Okay and 1.99 that I like. For instance non-green pepers would be “like” while green would be Okay. Nice fresh green beans would just barely get the “I like” classification.

Obviously there is a fair bit of gradation for freshness, ~ $1 or %30. Likewise if everything were above or below my threshold, there would be an interenecine competition since I do want some fruits or vegetables. I those cases, I go in a rough linear increase so that I get some of the first thing that is the minimum linear increase from my maximum.