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However on the college level, the judges can be literally anybody on campus – administrators, college, and students. At completely different universities there will be different units of judges, with totally different opinions. Unlike the world of U.S. legislation, the place precedents are systematically logged and there’s a large well-educated authorized profession devoted to harmonizing requirements and concepts and judgment across places and conditions, universities are a slapdash, haphazard patchwork of advert-hoc determination-making bodies.

The Schumpeterian custom, after all, advised that market power would enhance innovation. There are at the least two first-order results pushing on this path. First, the monopoly has extra free money” for R&D, and second there is a lower likelihood of the innovation benefiting competing corporations too. I do not view the monopoly boosts innovation” speculation as confirmed, however it most likely has commanded slightly more sympathy from researchers than the other standpoint. Bell Labs did fairly well.

However who would be right? It actually comes right down to your priors. Priors about how irrational people are. Priors about how a lot uneven information exists and the way a lot it matters in numerous markets, Priors about how costly and possible Carmax for health care can be. Priors about how reputational results work in health care markets. Priors about how efficient authorities is at fixing market failures. And so on. Priors, priors, priors.

Now that I am older and wiser, I also have a extra nuanced view of Florida golf. Saying you do not like Florida golf is like saying you do not like brunettes. Then you definitely meet Scarlett Johansson and rethink your position. In reality, I’ve met some beauties through the years in Florida: Calusa Pines, World Woods, Seminole, Streamsong (all programs) and Tiburon. The common elements these programs have are less water, and either manageable Bermuda grass minimize short, or non-Bermuda grasses.