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EH.R: Path-dependence and natural experiments.
================= EH.RES POSTING ================= Concerning natural experiments-- Concerning broadcast examples of path dependence: When did the Federal government mandate FM radios in cars? My first car was a 1983 Plymouth Reliant, which I bought from the Feds--it was a GSA Fleet car, belonged originally to the IRS. Anyway, it had an AM only radio. I am pretty sure the FM dominance of the airwaves predates 1983. But maybe the government exempted itself from the requirement? Anyway, on to the other proposed example--I agree that our TV bandwidth is pitifully small, and utility might be significantly increased if our TV's were better, but I am not sure if we can estimate the economic cost. Can we figure out how much happier folks in the third world are with their crisper, cleaner pictures? I want numbers! Rebecca Menes ============ FOOTER TO EH.RES POSTING ============ For information, send the message "info EH.RES" to email@example.com. >