Money scam via Skype

It’s been a long while since someone tried to scam me online.  But today I got lucky.  Someone knocked at my Skype door and I opened it.  Here is the full transcript of the conversation.  Pardon me for having some fun in the process.

[2:26:57 PM EEST] micheal2455: hello
[2:27:06 PM EEST] micheal2455: how are you

Before, when most of my online friends were technical people, a username with numbers in it pretty much guaranteed that you are talking to a spammer or scammer of some sort.  But in recent years a lot of non-technical people got online and all bets are off.  So, I allowed a person in.

[2:27:09 PM EEST] micheal2455: my name is micheal ofori,a regional manager of almal bank limited i discover a domant account what of 5.6MILLION UNITED STATE DOLLARS.Iam looking for a honest person who can help me to move this money out of were i kept it in self keeping custdy.i agree to give you 20% for your mutual help.i do not want my c0-worker to raise eyebrow toward this fund.

That’s a very standard, direct, to the point, proposition.  That’s all you need to see to know with absolute certainty that you are being scammed.  You have two options from now on.  Either end the discussion immediately and block the person from every talking to you again, or try to scam them back, for fun, and see what they have to say.  I’ve chosen the scam path.

Continue reading Money scam via Skype

Why Do All Movie Tickets Cost the Same?

This Slashdot thread raises an interesting question:

Like tens of millions of Americans, I have paid money to see Mission: Impossible, which made $130 million in the last two weeks, and I have not paid any money to see Young Adult, which has made less than $10 million over the same span. Nobody is surprised or impressed by the discrepancy. The real question is: If demand is supposed to move prices, why isn’t seeing Young Adult much cheaper than seeing Mission: Impossible?

For those of us not too versed in economics, the question does sound reasonable.  I am not too good with demand and supply nuances, but I do know that the costs for the movie theater are pretty much the same no matter how many people show up for the show.  This comment confirms that and also touches on the economics bit of the question:

If demand is supposed to move prices…

What a bad place to start your argument. In classical economics, demand shifts affect pricing if supply is a factor. When it comes to movie distribution, supply usually isn’t an issue.

Also, profits of Mission Impossible to to cover the losses of the gamble on Young Adult. Essentially, movie ticket prices are aggregated and normalized across movies to mitigate risk. Do you really want to spend $40/ticket on Mission Impossible so that Young Adult would cost only $3?

The actually hard-costs to the theaters (staff, electricity, rent, etc.) is pretty much the same regardless if 5 people are in the theater or 500, and is relatively minor in their overall operations. They pay back to the studios based on how many watchers they have, which where most of their expenses actually lie. They have to pay back the same amount to the studios regardless how how many tickets they sell, so why would they implement variable pricing?