BCOR 1015 UC Boulder Mod 5 Competition and Monopoly Position Statement Everything you need to know is in the attached files. Will tip heavily for a 100% on

BCOR 1015 UC Boulder Mod 5 Competition and Monopoly Position Statement Everything you need to know is in the attached files. Will tip heavily for a 100% on the paper. Due by Monday at 1pm PSTRecently, several big tech companies have been experiencing increasing criticism for alleged
anticompetitive behavior. Google, Facebook, Amazon, and Apple are currently under a broad anti-trust
review opened by the US justice department in July 2019. Facebook is under anti-trust investigation by
47 state attorneys general. Additionally, the European Union recently fined Google $2.7 billion for
manipulating its search results. Some US political candidates have observed these trends and are calling
for the break-up of big tech companies.
The Wall Street Journal recently reported that Amazon changed its product search algorithm to
prioritize items that generate higher profit margins for their company (including its own branded
products) over items that are better selling or more relevant to consumers. Products that are no longer
prioritized may include those sold through the site by third-party sellers.
Based on your analysis of the game day, readings, and class discussion in this module, do YOU believe
regulators step in to stop this behavior? Why or why not? BCOR 1015
Prompt for Position Statement for Module #5 – Competition and Monopoly
For your position statement, you must respond to the prompt below. In your response consider the
concepts covered in this module as well as the readings assigned for Day #4.
Prompt:
Recently, several big tech companies have been experiencing increasing criticism for alleged
anticompetitive behavior. Google, Facebook, Amazon, and Apple are currently under a broad anti-trust
review opened by the US justice department in July 2019. Facebook is under anti-trust investigation by
47 state attorneys general. Additionally, the European Union recently fined Google $2.7 billion for
manipulating its search results. Some US political candidates have observed these trends and are calling
for the break-up of big tech companies.
The Wall Street Journal recently reported that Amazon changed its product search algorithm to
prioritize items that generate higher profit margins for their company (including its own branded
products) over items that are better selling or more relevant to consumers. Products that are no longer
prioritized may include those sold through the site by third-party sellers.
Based on your analysis of the game day, readings, and class discussion in this module, do YOU believe
regulators step in to stop this behavior? Why or why not?
Position Statements – Format
The Position Statement may be no longer than 500 words, single-spaced. Font size, margins, and
number of pages are unrestricted due to the 500-word limit and single-spacing requirement.
The following information must appear at the top of the page:
§ Your name
§ Module name
§ Number of words
Position Statements – Submission
§
§
§
Submit your Position Statement online in Canvas.
Include your name and module name in the title of your file.
No emailed or late versions will be accepted.
Guidance for answering Position Statement:
ü Have you answered the question(s) asked by the prompt and included any other components of
the prompt in answering this/these question(s)? A well written response will clearly state a
position very early, if not at the beginning of your paper. Do not make the reader have to look
for your position. Taking a position means one position – not both sides.
ü Have you supported your position? Good support for your position should be clearly and
logically written. It should include specific references to class material and/or discussions. The
reader should be able to tell that your response reflects that you have been in this class (not an
answer that could have been written before you took this class).
ü What is the quality of your writing? Organized, spelling, grammar….. Do you need someone to
review it for you? Do you need to go to the writing center? Since you are limited to 500 words,
have you used your available words to support your position and fully answer the question?
This is an exercise in preparing a concise response.
ü Have you followed all the instructions? Name, module name, word count, file name, singlespacing, etc.
ü In summaryàCreate a well written response that states your position, uses most of your
available words to provide support for your position, and includes at least one meaningful tradeoff related to your position.
BCOR1015 Position Statement – General Rubric
Position Statement #__________
Name ____________________________________
Dimension
Well Done
Competent
Needs Work
Position
Position is very clearly stated.
Position is stated.
Position is vague.
Support
Support for your position is clearly outlined and
includes relevant concepts. Underlying logic is
explicit.
Support for your position is clear in parts or only
partially described. Some aspects of your support
may not be connected or there may be minor
errors in logic.
Support for your position is missing, vague, or
not consistently stated. Underlying logic has
major flaws and the connection to your position
is not clear.
Course
concepts
and/or
readings
Course concepts and/or readings referenced in
your statement are highly relevant and
presented accurately.
Course concepts and/or readings referenced in
your statement are mostly relevant and
accurate. There may be some unclear
components or some minor errors in your
referencing.
Course concepts and/or readings are not
referenced at all or are not relevant or accurate.
Trade-offs
Your statement includes one or more meaningful Your statement includes one trade-off or
trade-offs or alternate perspectives to your
alternate perspective, however, it maybe
stated position.
unclear or not directly relevant to your stated
position.
Your statement does not include any trade-offs
or alternate perspectives to your position.
Writing
Paper is coherently organized and the logic is
easy to follow. There are no spelling or
grammatical errors and terminology is
appropriately used. Writing is clear and concise
and persuasive.
Paper is poorly organized and difficult to read –
does not flow logically from one part to another.
There are several spelling and/or grammatical
errors; technical terms are not used
appropriately. Writing lacks clarity and
conciseness.
Several instructions were not followed.
Paper is generally well organized and most of the
argument is easy to follow. There are only a few
minor spelling or grammatical errors, or some
terms are not appropiately used. Writing is
mostly clear but may lack conciseness.
Instructions All instructions were followed regarding
Most of the instructions were followed.
formatting, word count, submission to drop box,
on time etc.
Comments
FA19 BCOR1015- Sec 001 and 002 – Module #5 Guide
Competition and Monopoly
31-Oct Competition and
19
Monopoly
Day #2 – Assigned reading, lecture and
discussion READING QUIZ #5 DUE
Excerpts from Vance, L.M. (2008, March 31). The Myth of the Just Price . Mises
Institute, Daily Articles – mises.org
Cox, W.M., & Alm, R. (2008). Creative Destruction. In The Concise Encyclopedia
of Economics (2nd ed.). Library of Economics and Liberty.
J. A. Schumpeter’s Capitalism, Socialism and Democracy , 1942 See Canvas
HBR Video (2013) The Explainer: Disruptive Innovation (video file)
A.W. (2015, January 25). The Economist explains: What disruptive innovation
means.
20
5-Nov
Competition and
Monopoly
Day #3 – Assigned case or current event
reading, discussion and analysis
Powles, J. (2017, January 5). No invisible hand in cyberspace. The Times Higher
Education Supplement: THE, (2287) . [Review of Virtual Competition ].
Hall, J., Kendrick, C., & Nosko, C. (2015). The Effects of Uber’s Surge Pricing: A
case or current event Study. The University of Chicago Booth School of
Business.
Kolhatkar, S. (2017, July 10). Uber and Out. The New Yorker.
Zetlin, M. (2019, May 23). Here’s why Uber and Lyft drivers are artificially
creating surge prices. Inc.
21
7-Nov
Competition and
Monopoly
Day #4 – Assigned current event with
point/counterpoint discussion POSITION
STATEMENT #5 DUE
Competition, not break-up, is the cure for tech giants’ dominance: Taming big
tech. (2019, Mar 13). The Economist
Godwin, M. (2019, April 30). A Facebook request: Write a code of tech ethics.
Los Angeles Times.
Yglesias, M. (2019, May 3). The push to break up big tech explained. Vox
Learning Objectives: At the end of this module, you should be able to
•
•
•
•
•
•
•
Explain the concept of a “just” price
Understand the role of competition in a market economy
Describe the role of “creative destruction” in the evolution of industries and market economies
Understand the impact of “creative destruction” in both the short-term and long-term
Explain the impact of algorithms and virtual competition
Recognize the economic reasoning for surge pricing
Evaluate the growth of Big Tech and the impact on competition and consumer welfare
Reading Questions
Day #2:
1. Excerpts from Vance, L.M. (2008, March 31). The Myth of the Just Price. Mises Institute, Daily Articles mises.org
This article is an opinionated discussion about the “morality” of pricing, the concept of a just price and
government intervention in pricing. Read for the main ideas not detailed biblical support.
Focus your reading on the sections up to “The State” and then read the conclusion at the end.
• What is a just price? Where did this concept come from? How did Thomas Aquinas define a just price?
• What are examples of government intervention in pricing?
• What is usury? How does it relate to interest?
• What is the author’s conclusion and point of view? How does he support it?
2. Cox, W.M., & Alm, R. (2008). Creative Destruction. In The Concise Encyclopedia of Economics (2nd ed.). Library
of Economics and Liberty.
3. J. A. Schumpeter’s Capitalism, Socialism and Democracy, 1942
These two articles (#2 and #3) discuss the same material. Schumpeter is the originator of the concept of
creative destruction and his writing is from his original publication. Cox is essentially an explanation of what
Schumpeter’s term “creative destruction”.
• What is creative destruction?
• What is the paradox of progress, what are the implications of creative destruction?
• How does creative destruction relate to capitalism?
4. Christensen: HBR Video. (2013). The Explainer: Disruptive Innovation [Video file].
5. A.W. (2015, January 25). The Economist explains: What disruptive innovation means.
These two very short assignments – video and 1 page reading – explain a related term “disruptive innovation”.
• What does disruptive innovation mean?
• What is the innovator’s dilemma?
Day #3:
1. Powles, J. (2017, January 5). No invisible hand in cyberspace. The Times Higher Education Supplement:
THE, (2287). [Review of Virtual Competition].
• What might be the impact of algorithms or “virtual” competition on a market economy and the
role of competition?
2. Hall, J., Kendrick, C., & Nosko, C. (2015). The Effects of Uber’s Surge Pricing: A case or current event
Study. The University of Chicago Booth School of Business.
• What is meant by surge pricing?
• Who is benefited by this type of pricing and how are they benefited?
• Any problems with surge pricing?
3. Kolhatkar, S. (2017, July 10). Uber and Out. The New Yorker.
• Is Uber’s rule-breaking “bold disruption”? Why or Why not?
• What business strategy has Uber been using to deal with competitors?
• Is Uber profitable? If not, where is the funding coming from to support the company?
4. Zetlin, M. (2019, May 23). Here’s why Uber and Lyft drivers are artificially creating surge prices. Inc.
• How can drivers artificially create surge pricing and why would they do so?
Day #4:
1. Competition, not break-up, is the cure for tech giants’ dominance: Taming big tech. (2019, Mar 13).
The Economist
• How does this article suggest that more competition can be introduced into the “big tech
market”?
2. Godwin, M. (2019, April 30). A Facebook request: Write a code of tech ethics. Los Angeles Times.
• What is meant by an “information fiduciary”?
• Why does the author suggest a code of tech ethics?
• Would regulation be needed if there was a code of ethics?
3. Yglesias, M. (2019, May 3). The push to break up big tech explained. Vox
• What has been the traditional focus when evaluating companies for anti-trust behavior?
• Is the focus changing?
• What other considerations should be evaluated when looking at anti-trust behavior?
• Explain how the baseball analogy relates to owners of tech platforms? Is this a good analogy?

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