from fort mcmurray to taipei, and dow to coca-cola.
Wharton takes it one step further, allowing students to sell their courses (for points) to other students. It’s all done through a Web site. Buyers and sellers are anonymous, so buddies can’t make deals. Wharton also uses a second-price auction in which the highest bidder wins, but he or she pays the amount of the second-highest bid. Economists like the second-price auction because they think it encourages more honest bidding.
In other words, Wharton has what may be the most sophisticated, and most confusing, course-registration system ever devised…
writing a paper on pharmaceutical patents in china (yes, pressed for time), and I came across this–the type of story that gets me all into intellectual property again.