Here's some notes from a call this morning.
Colorado recently passed SB-20-217 Enhance Law Enforcement Integrity to attempt to improve policing in the state. It makes a variety of policy changes. It was passed on June 19th and Signed on June 19th 2020. It will be enforced starting July 1, 2023 which gives police departments time to adjust their budgets and operations to address the new rules.
I like to bike for my errands and recreation, so I've thought a bit about how to best get around the Englewood area. I've been thinking about what routes are the best using these criteria:
- Connecting destinations (schools, retail, transit hubs)
- Crossing major car-oriented streets at safe locations (e.g. crossing Broadway on Dartmouth is easier than on Eastman)
- Minimized interaction with cars (e.g. biking on Dartmouth is generally better than Hampden)
I was pleasantly surprised today to find some maps and plans from the city of Englewood:
I recently gave away an ugly backyard shed for free on CraigsList provided the person came to pick it up. Within minutes of posting the item I got 7 emails. I deleted the post immediately. I responded to the person who seemed best able to take it (she had a tiltable trailer with a winch on it) and set it up for Saturday. She failed to show saturday, so scheduled Monday. She failed to show Monday, but came Tuesday. I wasn't too worried about which day she came but did want it gone.
The 9.5 foot wide shed was at the end of a 20 foot long concrete pad that was 10 feet wide with a tree on one side and my garage on the other side. At the end of the pad was my alley. So she had to thread the shed down the pad between the tree and the garage without hitting anything, turn the corner at the end of the pad so it could be loaded onto her 20 foot long trailer. The winch on her trailer was broken. It took my battery charger, several screws and boards I had handy, and a few hours of my time to get the thing loaded on her trailer. Her truck hit my neighbor's fence and left tracks in the alley. I am not happy about that.
Structuring better "free" sales for Craigs List
If you are giving something away for "free" as long as they pick it up, I suggest you keep the listed price at zero and keep the title as "Free" but then in the details and in your communication with the person strike a slightly different deal: they pre-pay you $100 for the privilege of taking it for free which you decide whether to keep or give back. If their removal of the item meets your standards then you promise to give back the $100. If they ruin something or break something or - worst - abandon the pickup you keep the $100 to help pay for whatever the problem is.
My theory is that this will reduce the demand to only serious people who will show up on time, with the right tools/equipment to get the item.
We recently participated in an event that included photos taken by a professional photographer. The photos are OK and they're of my wife while she's 8 months pregnant - a pretty special time.
Unfortunately, we were only told after the event that the photos would be $125 to get the high quality digital version of the file. Right, one hundred twenty five US Dollars. I have a hard time imagining that any of her customers are going to buy more than one photo. Maybe two...but that's it. We will not buy a single one. I bet a lot of her other customers are that way. So, here's what I propose:
Simple price differentiation for professional photos
The problem is that some of her customers will pay $125 for some of the photos. And for those customers it is worth it and she makes a pretty good amount of money from it. But she is leaving some value uncaptured. We would probably pay $20 for a few of the photos of us. And some of the other people would probably pay $50 for their photos.
The classic econ 101 perspective on this is that you choose a market price and go with it. Supply and demand intersect and there you go.
Graduates of Econ 102 (or marketing 101) should get into the next layer, though: price differentiation. Price differentiation is charging different prices for the same product.
"Officially" bike to work month is in May. That seems like a reasonable time: the weather is pretty warm and it's early enough in the year that any converts will likely keep biking throughout the summer. I'm taking a slightly more hardcore approach. My bike to work month is February. If I can bike to work most days in February I think the rest of the year will be easy!
I'm doing some research into how electronic options markets work - and specifically those used primarily for prediction purposes. I'm familiar with them (previously wrote about prediction markets and political contracts).