Tuesday 29 July 2014


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Martin Rep resigns

Rep

PUTEAUX, July 16th - Martin Rep, founder of Mahjong News, resigns as the editor of the one and only Independent Internet Mahjong Newspaper. He made his decision public in a speech which he delivered during the opening ceremony of the World Riichi Championship in Puteaux. He will be succeeded by Scott D. Miller, who has been an associate editor for some months.

Mr. Rep (1946) is a professional journalist. He was involved in organizing the first Open European Mahjong Championship (Nijmegen, 2005) and the first European Riichi Mahjong Championship (Hanover, 2008). The World Riichi Championship 2014 was initialized by him.

Mr. Scott D. Miller is the author of the mahjong instruction book ‘Mahjong From A to Zhú’ (Psionic Press 2013) and an instructor of the game at Amarillo College. He played in the European Riichi Mahjong Championship 2013 in Austria and was a referee in the World Riichi Mahjong Championship.

 

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Joseph Edward's Theory of Market Ecocomy

I believe your theory might at first glance has some merit, but is actually extremely flawed and ignorant, bordering absurdity. In the FREE MARKET ECONOMY, Laissez-faire, the market is determined by the consumers and supply and demand theories. If the market condition is viable, there will certainly be new competition that will emerge.
Comments (3)Comments are closed
1Wednesday, 11 November 2009 20:33
Joseph Edwards
PetiteEtoile, I do understand how the free market economy works. As a student of economics, I'm not ignorant of that. What you don't seem to understand is that no market is perfectly competitive and the Anglophone online mahjong market is particularly susceptible to this.

(continuing...)
2Wednesday, 11 November 2009 20:35
Joseph Edwards
For example: its monopoly status thanks to its share of the market (particularly its ability to advertise and affliate), uneven information thus (how can you make an informed decision on what client to use when MahjongTime is portrayed as the only choice?), the nature of the market (particularly in that because of the multiplayer aspect any client must quickly build a strong base to be viable, and thus a limited number of firms can be viable) the small target demographic in the shorter term, etc
3Wednesday, 11 November 2009 20:37
Joseph Edwards
The market condition isn't viable when MahjongTime has such a corrupting influence. It effectively has reached monopoly status and is in a position to prevent or hinder other companies entering the market through its economic power, media and commercial influence, and large market share. If a company was operating under these conditions in a large market with these conditions, it would have probably have been butchered by regulators already!
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