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The Answer Is Transaction Costs
Michael Munger
69 episodes
6 days ago
Send us a text We trace how Ales Schuessler, the once and once-again President of SmartEquip--also a scholar of expressive choice!--built a platform that makes machines more profitable by erasing the friction between parts, service, and uptime. The rental economy, Japan’s utilization model, and IoT diagnostics reveal why transaction costs, not price tags, decide who should own and who should rent. • rental vs sharing and why property rights matter • how serial-number specific data kills erro...
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All content for The Answer Is Transaction Costs is the property of Michael Munger and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Send us a text We trace how Ales Schuessler, the once and once-again President of SmartEquip--also a scholar of expressive choice!--built a platform that makes machines more profitable by erasing the friction between parts, service, and uptime. The rental economy, Japan’s utilization model, and IoT diagnostics reveal why transaction costs, not price tags, decide who should own and who should rent. • rental vs sharing and why property rights matter • how serial-number specific data kills erro...
Show more...
Social Sciences
Comedy,
News,
Politics,
Science
https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/9a/5e/b0/9a5eb06b-5caa-0b32-7c04-d80bbf616c4e/mza_14015595691550327099.jpg/600x600bb.jpg
Parts is (Not) Parts: The Life Cycle Problem for Heavy Equipment
The Answer Is Transaction Costs
1 hour 3 minutes
1 week ago
Parts is (Not) Parts: The Life Cycle Problem for Heavy Equipment
Send us a text We trace how Ales Schuessler, the once and once-again President of SmartEquip--also a scholar of expressive choice!--built a platform that makes machines more profitable by erasing the friction between parts, service, and uptime. The rental economy, Japan’s utilization model, and IoT diagnostics reveal why transaction costs, not price tags, decide who should own and who should rent. • rental vs sharing and why property rights matter • how serial-number specific data kills erro...
The Answer Is Transaction Costs
Send us a text We trace how Ales Schuessler, the once and once-again President of SmartEquip--also a scholar of expressive choice!--built a platform that makes machines more profitable by erasing the friction between parts, service, and uptime. The rental economy, Japan’s utilization model, and IoT diagnostics reveal why transaction costs, not price tags, decide who should own and who should rent. • rental vs sharing and why property rights matter • how serial-number specific data kills erro...