Comments on: The Winner’s Curse

By: The Indian Economy Blog » Income Inequality In India: Is The Sky Falling On Our Heads?

Sat, 11 Aug 2007 14:33:04 +0000

[...] Not quite, says our friend and erstwhile guest blogger, Blue Sky sends us a guest post [...]

By: Prashant Kothari

Prashant Kothari — Sat, 27 Aug 2005 23:35:08 +0000

Ullu says The point of buying is not the cost but the “Control” – silly hindoooos (sic) – still do not understand geopaltics

Control of what? A 2nd-tier asset…

The Japanese bought a bunch of prime real estate in the US in the late 1980s/ early 1990s, and there were similar concerns in America about losing one’s “soul”….

Who’s laughing now?

Oil is a traded asset with multiple suppliers. Not sure why some have this misconceived notion that the sellers of oil (Arabs or any one else) are doing the rest of the world a favor by selling at market prices.

You think Nigeria or Venezuela or Saudi Arabia or Russia can afford to stop selling oil on the world market? Given the dire straits of their economies, they need the money even more so than the buyers need the oil. Saudi Arabia’s GDP per head is a third of what it was twenty-some years ago.

By: UlluKaPatha

UlluKaPatha — Sat, 27 Aug 2005 21:08:42 +0000

If it was only about price/cost benefit analysis – benefits to stockholders/benefits to taxpayers blah blah then the Americans would have allowed the Chinese to buy Chevron because the Chinese were offering a higher price

By: Ullu

Ullu — Sat, 27 Aug 2005 21:04:41 +0000

The point of buying is not the cost but the “Control” – silly hindoooos – still do not understand geopaltics

By: axe

axe — Thu, 25 Aug 2005 18:22:54 +0000

Based on what data do you claim that the price is “outrageous”?

By: The Stalwart

The Stalwart — Wed, 24 Aug 2005 11:30:04 +0000

The Indian Economy ? Blog Archive ? The Winner’s Curse

For those keenly interested in the Indian Economy, like us, check fout the interesting group blog called The Indian Economy Here’s a good post about China’s pyrrhic victory in acquiring PetroKazakhstan:The Chinese will come to rue the day that they