Cole
Member since: Jun 24th, 2006
Cole's Latest Comments
Blog Activity
| Blog | # of Comments |
|---|---|
| Joystiq | 2 Comments |
| Engadget | 8 Comments |
| Cinematical | 9 Comments |
| Joystiq Playstation | 2 Comments |
| Joystiq Xbox | 7 Comments |
| Engadget Mobile | 2 Comments |
| Massively | 1 Comment |


Cinematical Seven: Movies with Nameless Main Characters
Nov 28th 2009 9:17PM (Cinematical)Engadget's recession antidote: win a copy of Resident Evil 5 for Xbox 360!
Apr 6th 2009 1:16PM (Engadget)Fanswag: Win Gears of War 2 and a pile of swag!
Nov 7th 2008 12:53PM (Joystiq Xbox)Massively.com giveaway: Warhammer Online collector's edition
Nov 7th 2008 12:42PM (Massively)'The Dark Knight' Grabs Biggest Opening Ever!
Jul 20th 2008 8:32PM (Cinematical)The Exhibitionist: Buy Concessions (Please)
Jul 20th 2008 12:07PM (Cinematical)While the theory of Micro-Economics can be used to define items in an economic balance through Supply and Demand Theory, you are wrong to point out that "Unfortunately, the concession issue is really spiraling out of control. As prices increase, fewer moviegoers purchase concessions, and to make up the profit difference, prices increase further, and so on." is incorrect. It is infact correct when you use differentials such as increasing Opportunity Cost, rising Marginal Costs and shrinking Marginal Profits.
In the Theory of Micro-Economics the producer (or the Movie Theater) will price it's Popcorn where Marginal Cost= Marginal Profit. That is to say, where if they sold one more bag of popcorn they would be losing money on it. Over the years the Opportunity Costs have been increasing for Movie Theater owners, as it is becoming increasingly expensive to own and operate, and Ticket prices can only get so high. So the Costs of doing business have increased, shrinking their profits. The only remedy for this is to shift their economic curve out and price their concessions beyond what the majority of patrons are willing to pay.
The problem is that Movie Theater owners don't understand the principles of economics themselves. If you sell a larger quantity of snacks, depending on your patronage, you might stand to make MORE money. The key is understanding the demographics of your particular area.
Nailed's Coffin Isn't Nailed Yet
Jun 4th 2008 1:42PM (Cinematical)Hey, it's worked for his career up to this point so far!
What a hack.........
Alltel does the Touch in burgundy
May 19th 2008 2:01PM (Engadget Mobile)SCOOP: Spider-Man 4 and 5 Might be Shot at the Same Time!
May 16th 2008 6:29PM (Cinematical)That was from the original deal made by Marvel in the late 80's when the character first stepped into production hell.
The wiki page has a nice back story of how everything went down. Interesting read....
http://en.wikipedia.org/wiki/Spider-Man_(film)
SCOOP: Spider-Man 4 and 5 Might be Shot at the Same Time!
May 16th 2008 12:02PM (Cinematical)