Mercers’ School Memorial Professor of Commerce Michael Mainelli
28
“New Learning” Barnard’s Inn Hall Holborn London EC1N 2HH Tel: +44 (0)20 7831 0575 Fax: +44 (0)20 7831 5208 Email : [email protected] www.gresham.ac. uk Gresham College 2005 Mercers’ School Memorial Professor of Commerce Michael Mainelli It’s A Mad, Bad, Wonderful World A Celebration Of Commercial Diversity
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Mercers’ School Memorial Professor of Commerce Michael Mainelli. It’s A Mad, Bad, Wonderful World A Celebration Of Commercial Diversity. Outline. Sahel’s Silent Trade Information theory Time & space CHFiction Virtual economics Fei-ville Commercial diversity. - PowerPoint PPT Presentation
Transcript of Mercers’ School Memorial Professor of Commerce Michael Mainelli
“New Learning”
Barnard’s Inn HallHolbornLondon EC1N 2HH
Tel: +44 (0)20 7831 0575Fax: +44 (0)20 7831 5208Email : [email protected]
www.gresham.ac.uk
© Gresham College2005
Mercers’ School Memorial Professor of CommerceMichael Mainelli
It’s A Mad, Bad, Wonderful WorldA Celebration Of Commercial Diversity
www.gresham.ac.uk
© Gresham College2005
Outline
Sahel’s Silent Trade
Information theory
Time & space
CHFiction
Virtual economics
Fei-ville
Commercial diversity
“Get a detailed grip on the big picture.”Chao Kli Ning
www.gresham.ac.uk
© Gresham College2005
Sahel’s Silent Trade
[Source: http://www-personal.umich.edu/~cgober/africatrademap.jpg]
www.gresham.ac.uk
© Gresham College2005
Shannon (on the right)
[Source: http://en.wikipedia.org/wiki/Image:Claude_Elwood_Shannon_(1916-2001).jpg]
www.gresham.ac.uk
© Gresham College2005
The Ultimate Machine
[Source: http://www.kugelbahn.ch/sesam_e.htm]
www.gresham.ac.uk
© Gresham College2005
Shannon’s DiagramA General Communication System
[Source: SHANNON, C E, "A Mathematical Theory of Communication", The Bell System Technical Journal, 1948]
Happy $%^&*£+#! Happy Birthday!
www.gresham.ac.uk
© Gresham College2005
Many Levels
[Source: http://www.shkaminski.com/Classes/Handouts/Communication%20Models.htm]
www.gresham.ac.uk
© Gresham College2005
Information = Surprise!
I N F O R M A T I O N
A A A A D D A T I O NB B B E R M E O VC C C I SD D D LE F E OF G F RG H G UH J HI K IJ L JK M KL N LM O NN P OO R PP S RQ T SR V TS UT VUVWXYZ
www.gresham.ac.uk
© Gresham College2005
Schramm’s Model
Encoder
Interpreter A
Decoder
Decoder
Interpreter B
Encoder
Message
Message
Feedback
Feedback
[Source, Schramm, 1954]
www.gresham.ac.uk
© Gresham College2005
Time Or Space?
www.gresham.ac.uk
© Gresham College2005
Time & Space
[Source: http://rg.ancients.info/lion/article.html]
www.gresham.ac.uk
© Gresham College2005
Mermnadae Model
Encoder
Interpreter A
Decoder
Decoder
Interpreter B
Encoder
Message
Message
Feedback
Feedback
www.gresham.ac.uk
© Gresham College2005
An Aldern-ate Model
Encoder
Interpreter A
Decoder
Decoder
Interpreter B
Encoder
Message
Message
Feedback
Feedback
www.gresham.ac.uk
© Gresham College2005
CHFictions
[Source: http://www.swissmint.ch/]
www.gresham.ac.uk
© Gresham College2005
Waning Lira-cal
[Source: http://digilander.libero.it/maggioref/Storia%20liraEng.html]
Born: 1808
RIP: 1959
Ad-mini-stirring…
www.gresham.ac.uk
© Gresham College2005
Ne Win and 90 Kyat
www.gresham.ac.uk
© Gresham College2005
Haggling
www.gresham.ac.uk
© Gresham College2005
Seeing The Milk For The Pulp
[Source: http://greenbottle.com/]
www.gresham.ac.uk
© Gresham College2005
Virtually Economic
[http://electronics.howstuffworks.com/avatar-machine.htm]
www.gresham.ac.uk
© Gresham College2005
Auction Classes
OrderSimultaneousSequentialClose
d
Rounds
Multiple
Single
Open
High ValueDiscrete Itemse.g., Artworks
Linked Itemse.g., FCC telecommunicationlicenses
Quick, Single Itemse.g., Books
High Traffic Items e.g., Collectibles
www.gresham.ac.uk
© Gresham College2005
Home Sweet Stone
[Source: http://www.pacificworlds.com/palau/native/native5.cfm]
www.gresham.ac.uk
© Gresham College2005
Tough As A Stone
[Source: http://www.pacificworlds.com/palau/native/native5.cfm]
[Source: http://www.explorers.co.uk/new_images/maps/micronesia_map.gif]
www.gresham.ac.uk
© Gresham College2005
Unmissfakeable
[Source: http://en.wikipedia.org/wiki/Image:Yap_home.jpg]
www.gresham.ac.uk
© Gresham College2005
Taxing Work
[Source: http://www.pacificworlds.com/palau/native/native5.cfm]
www.gresham.ac.uk
© Gresham College2005
Modern Finance
www.gresham.ac.uk
© Gresham College2005
Commercial Diversity
Encoder
Interpreter A
Decoder
Decoder
Interpreter B
Encoder
Message
Message
Feedback
Feedback
Swiss buses
Silent Trade Russian purchasing
Italian taxes
Alderney conveyancingFei stones
90 Kyat
Milk bottles
Haggling
BT
Avatar auctions
Gold
www.gresham.ac.uk
© Gresham College2005
Discussion
1. Your commercial stories.
2. Are there “laws of commerce”?
www.gresham.ac.uk
© Gresham College2005
It’s A Mad, Bad, Wonderful WorldA Celebration Of Commercial Diversity
Thank you!
“Get a big picture grip on the details.”Chao Kli Ning
