Re:Microsoft buys corp.com so bad guys can’t
by zeulhex on Tuesday April 07, 2020 @03:04PM
(#22806363)
Agree, but economists do have a solution for this problem. Self-assess the value and pay taxes based on that value. If someone/the government makes an offer that is some percentage greater than that value, you must sell.
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Re:Microsoft buys corp.com so bad guys can’t
by ZainRiz on Tuesday April 07, 2020 @03:27PM
(#22806593)
Sounds like a solution only an econ could think up of, which doesn't take into consideration other external factors that would apply specifically to the person holding the property, such as:
- human psychology (loss aversion, endowment effect, mental anxiety due to risk of being forced to sell your property)
- switching costs (monetary, mental, time spent searching for alternatives, costs to moving to something else)
- replacement costs (transaction costs, etc)