Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Bringing people into the country is strategic but having electricity isn’t?? http://www.tvhe.co.nz/2008/04/17/bring-people-into-the-country-is-strategic-but-having-electricity-isnt/ The Visible Hand in Economics Thu, 17 Apr 2008 00:28:33 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: agnitio http://www.tvhe.co.nz/2008/04/17/bring-people-into-the-country-is-strategic-but-having-electricity-isnt/#comment-1248 Thu, 17 Apr 2008 00:28:33 +0000 http://tvhe.wordpress.com/?p=333#comment-1248 Hey Dracotb

1) I know it was lawyers, sorry if I gave the impression that it was the govt itself! I generally hope that poeple will read the linked articles like you did:)

2) I don’t see why Whanuapai wouldn’t be an option if AIAL wasn’t run down and/or raised prices given that it was being considered even before all this hoopla around AIAL being sold started. My argument is also more along the lines of
A) People can flag NZ altogether
B) Fly into NZ via Sydney to either Wellington or Christchurch
obviously (more fesible coming from Europe or Asia although I know people who have done it from the US to save money).

Obviously the feasibility of bypassing Auckland depends on your reasons for coming to New Zealand. For business trips you probably have to be in Auckland, although it depends on the business as a lot of stuff happens in Sydney anyways. Tourists don’t really need to come Auckland.

On the duoploy vs monopoly thing, duopoly can’t be anyworse than monopoly since the most profit they can achieve from full collusion is the monopoly level. So all it takes is a tiny amount of compeition between the two firms and we are in a better state. Given that Whenuapai would effectively have to take cutomers from AIAL, I think there would definitely be scope for competition between the two Airports.

]]> By: dracotb http://www.tvhe.co.nz/2008/04/17/bring-people-into-the-country-is-strategic-but-having-electricity-isnt/#comment-1247 Thu, 17 Apr 2008 00:08:26 +0000 http://tvhe.wordpress.com/?p=333#comment-1247 1.) The comments were by unnamed lawyers and not the government. They’re saying so because precedent has been set. Unfortunately precedent has just been set for that previous precedent to be overturned. It will be interesting to see just what the government does.

2.)

You’ll notice that in my post on AIAL one of my main points was that if the airport was “run down” to save money as greedy profit maximizing Canadians would do (but greedy profit maximizing New Zealanders would not), people could go somewhere else and that acts a constraint.

Where could they go? I know of no other international airport within the same distance to Auckland as the AIA. As it stands the AIA is a monopoly. Even if Whenuapai was turned into an international airport Auckland would still only have a duopoly and I haven’t seen anything to suggest that that’s any better than a monopoly.

3.) The faulty logic was the actual sale of government owned monopolies that are most likely to stay monopolies in the first place.

]]> By: rauparaha http://www.tvhe.co.nz/2008/04/17/bring-people-into-the-country-is-strategic-but-having-electricity-isnt/#comment-1246 Wed, 16 Apr 2008 23:51:53 +0000 http://tvhe.wordpress.com/?p=333#comment-1246 I think the confusion is due to your belief that the government (a) maximises welfare and (b) has consistent preferences. I’m not sure that their incentive structure induces the first cos they need votes more than they need welfare. I don’t see why they’d have the second when nobody else does. Indeed, a vote maximising strategy aimed at cognitively limited voters is bound to have inconsistencies!

]]> By: Matt Nolan http://www.tvhe.co.nz/2008/04/17/bring-people-into-the-country-is-strategic-but-having-electricity-isnt/#comment-1245 Wed, 16 Apr 2008 22:39:18 +0000 http://tvhe.wordpress.com/?p=333#comment-1245 “We are talking about two profit maximizing investors exchanging ownership of an asset; they have the same incentives to make money regardless of whether they live here or overseas. We aren’t talking about privatization where the government is selling something to private investors where the incentives between the two parties could arguably be quite different”

Thats a good point – I think people are confusing domestic vs foreign with public vs private.

“Maybe this just doesn’t make sense because I haven’t had my coffee yet today?”

I haven’t had a coffee yet either, but I’m sure when I have one in about an hour I’ll remain as confused by this as I am now.

]]>