Re: acquisitions
in response to
by
posted on
Nov 19, 2013 04:03PM
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Let's put it this way, you're right it is the economics but only the traditional microeconomics which explains little when social and political issues get involved, now it's no longer only the supply/demand economics and Pareto optimality, it has also become who benefits, not just maximize profitability but also distribute it in a way that allows previously excluded people from participating. As the cost of participating goes down, the opportunity to participate goes up, to translate it into transaction economics (see Ouchi and Williamson)! The key is to keep the transaction costs down, which Tyhee is uniquely able to do because it has unique skills and knowledge in mining pm's, and so it can also help other groups who have access to financing but lack these skills to make investment decisions while minimizing their risk and uncertainty which are the source of huge costs and barriers to investment. Also did you see Beautiful Mind? Russell Crowe's character John Nash who invented game theory and who got a Nobel Economics Prize would love this. We are going to have to wait for particulars and I don't have any right now but ... this could be very exciting and innovative. (Please excuse the academic stuff, I'm just starting to have fun with Tyhee)! Ike