Month: November 2011
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On Titles, or: Titles: Is There an Optimal Solution?
As a co-editor of the open-access journal Theoretical Economics, Jeff Ely has seen his fair share of academic papers and their associated titles. Inevitably Ely has constructed a theory on how to title a paper (or anything else, for that matter) for maximum exposure, impact and intrigue. In his hilarious tongue-in-cheek article detailing this theory,…
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The Demand for Product Obsolescence
Years ago (and still, for certain products) consumers decried the idea of planned product obsolescence in industrial design: the intentional engineering of products to have a limited useful life, such as with products produced with sealed-in batteries or fridges that will only function for seven years. In recent years, however, the need for planned obsolescence…
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Persuasive Infomercial Sales Techniques
I don’t take infomercials very seriously, mainly due to how hilarious and absurd they are. However I’ve now been won over and can see their potential for certain product–market combinations. How did this miraculous change come about? Through a surprisingly enjoyable interview between Andrew Warner and the master of the infomercial, Tim Hawthorne. From his…