On: Groupon - Cool Business Model

[gojomo]

See also 'assurance contracts' and 'dominant assurance contracts':

http://www.marginalrevolution.com/marginalrevolution/2005/05...

http://en.wikipedia.org/wiki/Assurance_contract

A system that was (theoretically) better at funding public goods than taxation would compete in some rather large markets.

[thunk → gojomo]

Markets whose delineations tend to coincide with those on the map =).

[gojomo → thunk]

All businesses must consider competitors. :)